Honduras manages to sell $500 million bond issue

Honduras managed to sell its first global bonds, despite losing one of its consultant banks at the last minute.

Barclays, who was co-manager of the project along with Deutsche Bank, dropped out when it learned of a lawsuit against a state owned company, which was not included in the initial proposal.

The $500 million bonds are due in 2024, and were sold with an interest rate of 7.5 percent.



Full story (in Spanish)