Angola launches $1.5 billion 10-year notes at 9½% yield

By Christine Van Dusen

Atlanta, Nov. 4 – Angola launched a $1.5 billion offering of 10-year notes to yield 9½%, a market source said.

The notes were talked at a yield in the 10% area.

Deutsche Bank, Goldman Sachs and ICBC International are the bookrunners for the Rule 144A and Regulation S deal.

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