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Serbia launches USD650M 5-yr bond at 5.45%
November 14, 2012 / 5:43 PM / 5 years ago

Serbia launches USD650M 5-yr bond at 5.45%

LONDON, Nov 14 (IFR) - The Republic of Serbia, rated BB-/BB-, has launched a USD650m five-year bond at a yield of 5.45%, a lead manager involved in the trade said.

This comes tight to initial guidance of 5.625%, which was released this morning.

Deutsche Bank, HSBC and VTB Capital are lead managers on the transaction.

Reporting By Davide Scigliuzzo

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