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Armenia sets initial talk for $500 million notes in 7 5/8% area
By Christine Van Dusen
Atlanta, March 19 – Armenia set initial talk for a $500 million issue of notes due March 26, 2025 (Ba3//B+) in the 7 5/8% area, a market source said.
Deutsche Bank, HSBC and JPMorgan are the bookrunners for the Rule 144A and Regulation S deal.
The notes are expected to price on Thursday.
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