Barclays pulls out of Honduras bond sale
Tuesday, March 12, 2013
![](https://www.centralamericalink.com/storage/images/2017/02/07/201303121028160.barclays-honduras.jpg)
British bank Barclays withdrew from Honduras's first international bond sale.
The decision came after the Honduran government amended the contract for the project, where Barclays was co-manager, and revealed it had a $205 million lawsuit against a state-owned logging company.
Honduras plans to sell the bonds maturing in 2024 at an interest rate of 7.5 percent.
Full story (in Spanish)