Morocco USD750m 2.375% Dec 27 USD1bn 3% Dec 32 USD1.25bn 4% Dec 50

By Mariam Meskin
10 Dec 2020

Rating: Ba1/BBB-/BB+


Tranche 1: $750m Reg S/144A

Maturity: 15 December 2027

Issue/reoffer price: 99.763

Coupon: 2.375%

Spread at reoffer: 175bp over mid-swaps


Tranche 2: $1bn Reg S/144A

Maturity: 15 December 2032

Issue/reoffer price: 99.570

Coupon: 3%

Spread at reoffer: 200bp over mid-swaps


Tranche ...

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