New Issue: Guatemala prices $700 million 5¾% notes due 2022 to yield 5 7/8%

By Christine Van Dusen

Atlanta, May 29 - Guatemala priced a $700 million issue of 5¾% notes due June 6, 2022 (Ba1/BB/BB+) at 99.065 to yield 5 7/8%, or Treasuries plus 414.5 basis points, a market source said.

Deutsche Bank was the bookrunner for the Rule 144A and Regulation S transaction.

Proceeds will be used for debt refinancing and general budgetary needs.

Issuer:	Guatemala
Amount:	$700 million
Maturity:	June 6, 2022
Description:	Notes
Bookrunner:	Deutsche Bank
Coupon:	5¾%
Price:	99.065
Yield:	5 7/8%
Spread:	Treasuries plus 414.5 bps
Trade date:	May 29
Settlement date:	June 6
Ratings:	Moody's: Ba1
	Standard & Poor's: BB
	Fitch: BB+
Distribution:	Rule 144A and Regulation S

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.