RTRS: Angola marketing 10-year US dollar bond at yield of 10% area
By Michael Turner
LONDON, Nov 4 (IFR) - The Republic of Angola has begun marketing a 10-year US dollar-denominated benchmark-sized bond at a yield of 10% area, according to a source.
Deutsche Bank, Goldman Sachs and ICBC International are running the 144A/Reg S transaction, which is expected to be Wednesday's business.
Angola is rated Ba2 by Moody's and B+ by Standard & Poor's and Fitch. (Reporting by Michael Turner; editing by Alex Chambers)
