Bermuda to issue new notes with tender offer

By Christine Van Dusen

Atlanta, Sept. 28 – Bermuda is planning to issue new notes alongside a tender offer, according to an announcement from the sovereign.

The country is offering to purchase for cash up to $150 million of its 5.603% notes due 2020 and its 4.138% notes due in 2023.

HSBC is leading the transaction.

© 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.