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- BREAKING NEWS -
Wednesday, May 13, 2015
TDBM Sells $500m 5y Notes at 9.375%
By Allan Lopez
May 12 (Bloomberg) -- The above issue priced today after IPT of 9.75% area and guidance of 9.375%-9.5%.
* Managers: BofAML, DB, ING
* Settlement: May 19
TDBM’s New 5Y Bond Rises 3.5pts; Priced at 9.375% Yesterday
By Neha D’silva
May 13 (Bloomberg) -- Trade & Development Bank of Mongolia’s $500m 9.375% 2020 rose to 103.5pts as of 10:37am in Hong Kong, according to a person familiar with the offering.
* Priced at 100 yday
* TDBM gets >$2.3b orders for $500m bond, U.S. investors buy 50%
* TDBM issuance to help Mongolia’s forex reserves, says Nomura
* IN DEPTH: TDBM brings back Mongolian USD bonds after 2.5 years
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