EM LATAM CREDIT: Barbados: Tender Offer 2029 - Positive
Jun-13 16:16
(BARBAD; B2/Bpos/B+)
"The Government of Barbados Announces Debt Tender Offer" - Bbg
Tender for any and all 6.5% 2029 notes with an outstanding issue size of USD407,642,670 for cash subject to the successful issuance of new debt securities in the international capital markets.
We expect details of a potential new issue for Barbados soon but have not seen an official mandate announcement yet.
Interesting as we saw a few days ago a mandate announced for the Commonwealth of the Bahamas (B1/B+/BB-).
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