New Issue-Sri Lanka sells $1 bln 10-year bonds

Sept 28 (BestGrowthStock) – Sri Lanka late on Monday sold $1
billion of senior bonds in the 144a private placement market,
said a market source.

Bank of America Merrill Lynch, HSBC, and RBS were the
joint bookrunning managers for the sale.
BORROWER: SRI LANKA
AMT $1 BLN COUPON 6.25 PCT MATURITY 10/4/2020
TYPE SR BONDS ISS PRICE 100.00 FIRST PAY 4/4/2011
MOODY’S N/A YIELD 6.25 PCT SETTLEMENT 10/4/2010
S&P B-PLUS SPREAD N/A PAY FREQ SEMI-ANNUAL
FITCH B-PLUS NON-CALLABLE

New Issue-Sri Lanka sells $1 bln 10-year bonds