New Issue: Guatemala sells upsized $330 million 30-year bonds to yield 8 1/8%

By Reshmi Basu

New York, Sept. 29 - The Republic of Guatemala priced an upsized $330 million offering of 30-year bonds (Ba2/BB-) Wednesday at par to yield 8 1/8%, or 403 basis points over Treasuries, according to a market source.

The bonds were increased from $300 million and carry a 15-year put option.

Citigroup ran the Rule 144A/Regulation S bond offering.

Issuer:	Republic Of Guatemala
Amount:	$330 million (increased from $300 million)
Issue:	Bonds
Maturity:	Oct. 6, 2034
Coupon:	8 1/8%
Issue price:	Par
Yield:	8 1/8%
Spread:	403 basis points over comparable Treasuries
Pricing date:	Sept. 29
Settlement date:	Oct. 6
Bookrunner:	Citigroup
Put:	15-year put option
Ratings:	Moody's: Ba2
	Standard & Poor's: BB-

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