Published: November 21, 2013
Country raises US$2bn in deal managed by BNP Paribas, Citi, Deutsche Bank and Goldman Sachs.
In a sign that the emerging-market bond rush is far from over, junk-rated Hungary has successfully issued US$2bn of debt.
The 10-year paper came with a coupon of 5.75%, slightly up on the 5.375% the country achieved for a US$2bn, 10-year issuance back in February. BNP Paribas, Citi, Deutsche Bank and Goldman Sachs managed the issue.