Registration: 144A/Reg S (Cat 1); Comments: B&D: JPM;
Registration: 144A/Reg S (Cat 1); Comments: B&D: JPM;
Deal Comments
Egypt Government International Bond (The Arab Republic of Egypt) (EGYPT), exp B-/B by S&P/Fitch, US$2bn 144A/Reg S (Cat 1) 2-part sr notes (5y due 2/4/30 and 8y due 2/4/33). Citi/GS/HSBC/JPM (B&D)/StanChart/SMBC joint books. Pricing 1/28. Settle 2/4.
IPTs: 5y 9.25% area, 8y 10% area.GUIDANCE: US$1.25bn 5y at 8.875% area, $750m 8y at 9.625% area.LAUNCHED: $1.25bn 5y at 8.625%, $750m 8y at 9.45%.
PRICED:$1.25bn 8.625% 2/4/30 100.00 8.625%.$750m 9.45% 2/4/33 100.00 9.45%.