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The Bahamas government said Wednesday that it has successfully completed the execution of an international capital markets transaction, which included the issuance of an 11-year, US$1.067 billion bond to fund the repurchase of US$767 million in outstanding Eurobonds.
A statement from the Office of the Prime Minister said that as part of the transaction, authorities conducted a three-day investor roadshow, reaching over 60 accounts from North America, Europe, and the Middle East.
It said participants expressed strong support for The Bahamas’ credit fundamentals, ongoing fiscal consolidation, and economic outlook, driving positive transaction outcomes.
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