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HSBC HSBC Holdings PLC

45.40
0.42 (0.93%)
After Hours
Last Updated: 21:38:26
Delayed by 15 minutes
Name Symbol Market Type
HSBC Holdings PLC NYSE:HSBC NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.42 0.93% 45.40 45.46 45.16 45.31 1,614,710 21:38:26

Sri Lanka Sells $650 Million in Sovereign Bonds at 6.125%

29/05/2015 5:07am

Dow Jones News


HSBC (NYSE:HSBC)
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   By Anjani Trivedi 
 

HONG KONG--Sri Lanka sold $650 million of sovereign bonds Friday, according to a term sheet reviewed by The Wall Street Journal, mostly to fund managers in the U.S.

The final coupon on the bond was 6.125%, tighter than the initial guidance, while the existing five-year bonds last traded at 5.18%. The 10-year bond deal was led by Citigroup, Deutsche Bank, HSBC and Standard Chartered Bank and accumulated orders of almost $2 billion from 173 investors.

Write to Anjani Trivedi at anjani.trivedi@wsj.com

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