ARMENIA STARTS MARKETING 10-YEAR US DOLLAR BENCHMARK
Reuters
March 19 2015
By Helene Durand
Thu Mar 19, 2015 5:11am EDT
LONDON, March 19 (IFR) – The Republic of Armenia has started marketing
a new 10-year US dollar benchmark bond issue, according to a lead.
Initial price thoughts on the US$500m expected trade have been set
7.625% area.
Deutsche Bank, HSBC and JP Morgan are leading the Ba3/B+
(Moody’s/Fitch) rated trade that is expected to be priced later today.
(Reporting by Helene Durand, editing by Anil Mayre)
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