Democratic Socialist Republic of Sri Lanka $1.5 billion 6.2% sovereign bond issue

Overview:

• The Democratic Socialist Republic of Sri Lanka has issued a $1.5 billion sovereign bond.
• The 6.2% notes are due 2027.
• Citigroup, CLSA, Deutsche Bank, HSBC, ICBC International, JPMorgan and Standard Chartered acted as the joint lead managers and bookrunners.
• The issue is the country's 11th US dollar issue since 2007.

Katrin Kostadinova - Data analyst