WSJ:Iceland Sets Guidance On 10Y Dollar Bond At 6.375% Area
LONDON (Dow Jones)--Iceland has set price guidance on its benchmark-size, U.S. dollar-denominated, 10-year bond to yield in the area of 6.375%, one of the banks running the deal said Thursday.
Deutsche Bank AG, JPMorgan Chase & Co. and UBS AG are the lead managers of the sale.
Iceland is rated Baa3 by Moody's Investors Service Inc. and BBB- by Standard & Poor's Corp. and Fitch Ratings.
-By Ben Edwards, Dow Jones Newswires; 44-20-7842-9287; ben.edwards@dowjones.com