Democratic Socialist Republic of Sri Lanka $2.4 billion dual tranche sovereign bond issue

27/3/2019
Investment grade bond/note issue, Sovereign bond issue

$ 2.4 billion

Completed

27/3/2019


Overview:

  • The Democratic Socialist Republic of Sri Lanka issued a dual tranche bond offering totalling $2.4 billion.
  • The dual tranche issuance comprised $1 billion 6.85% bonds due in 2024 and $1.4 billion 7.85% bonds due in 2029.

Shameer Ahmed - Researcher

Jurisdiction:

Sri Lanka

Deal types:

Investment grade bond/note issue
Sovereign bond issue

Practice area:

Capital markets : Debt

Industry sector:

Government and public policy


Firm:

Party: BOC International (Joint lead manager)

Party: Citigroup (Joint lead manager)

Party: HSBC (Joint lead manager)

Party: JP Morgan (Joint lead manager)

Party: SMBC Nikko (Joint lead manager)

Party: Standard Chartered Bank (Joint lead manager)

Party: Deutsche Bank (Joint lead manager)

Lawyer: Thomas Kollar