Thu, 28th May 2015 03:31
By Frances Yoon
HONG KONG, May 28 (IFR) - The Democratic Socialist Republicof Sri Lanka is marketing 10-year US dollar bonds to yieldaround 6.375%.
Citigroup, Deutsche Bank, HSBC andStandard Chartered are arranging the offering, which isexpected to raise at least $500 million.
The island nation last issued offshore bonds in April lastyear, pricing a $500 million five-year bond to yield 5.125%.
Sri Lanka is rated B1/B+/BB- (Moodys/S&P/Fitch). (Reporting By Steve Garton)
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