Cyprus Mail
Business Cyprus

Cyprus opens books on five-year euro bond at 4.90% area

The Republic of Cyprus has opened books on its new euro June 2019 benchmark bond on Wednesday with official guidance on the bond of 4.90% area, according to a lead.

This is tighter than initial price thoughts released Tuesday at 5% area. Indications of interest on Wednesday morning top 1.5bn.

Deutsche Bank, Goldman Sachs, HSBC, UBS and VTB Capital are arranging the sale.

Cyprus is rated Caa3/B/B- by Moody’s/S&P/Fitch (positive/positive/stable). (Reuters)

 

Related Posts

Further cold snap expected at beginning of next week

Antigoni Pitta

Sony seeks new partners for transformative EV project

Reuters News Service

Greek activist rubbishes claims he’s not answering police over rape claims

Gina Agapiou

Möbius spaces – new exhibition probes space

Eleni Philippou

Kasoulides to meet Blinken in Washington

Jonathan Shkurko

Daily News Briefing

Staff Reporter