St. Vincent and the Grenadines announces 10-year dollar offer

By Aaron Hochman-Zimmerman

New York, March 24 - The government of St. Vincent and the Grenadines announced it will offer a dollar-denominated bond due 2018, according to a press release.

HSBC will act as the bookrunner for the Regulation S deal. Firstline Securities Ltd. will act as the placement agent.

Proceeds from the sale will be used to construct a national library, stadium police stations and river defenses.

St. Vincent and the Grenadines is located 75 miles north of Grenada and is part of the Windward Island chain in the Caribbean.

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