Related Issuers
by Chris Reich
Feb 06, 2024 11:06 AM ET
The Republic of Benin (BENIN) exp B1/B+ (s/p) US$750m 144A/Reg S 14y senior unsecured notes due 2/13/38. 13y WAL. Redemption: Three equal instalments on Feb. 13, 2036; Feb. 13, 2037 and Feb. 13, 2038. Citi (B&D)/JPM/SG joint books. UOP: General budgetary purposes in accordance with the Issuer’s finance laws. Pricing 2/6. Settle 2/13.
IPTs: High 8%s.
GUIDANCE: 8.375-8.50%.
LAUNCHED: $750m 14y at 8.375%.