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6 months ago
Ecuador eyes low to mid 9% yield on tap of 2026 bonds
January 10, 2017 / 3:38 PM / 6 months ago

Ecuador eyes low to mid 9% yield on tap of 2026 bonds

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NEW YORK, Jan 10 (IFR) - The Republic of Ecuador set initial price thoughts Tuesday of low to mid 9% on a tap of its 9.65% 2026 bonds.

Citigroup is acting as sole lead on the transaction, which is expected to price later on Tuesday. The country is rated B/B by S&P and Fitch. (Reporting by Paul Kilby; editing by Marc Carnegie)

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