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Zambia raises USD750m through debut bond at 5.625%
September 13, 2012 / 2:10 PM / 5 years ago

Zambia raises USD750m through debut bond at 5.625%

LONDON, Sept 13 (IFR) - Zambia (B+/B+) has launched a USD750m 10-year bond at 5.625%. The African sovereign’s maiden bond has come 25bp tighter than initial guidance after generating an order book in excess of USD11bn. Barclays and Deutsche Bank are the leads. (Reporting by Helene Durand)

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