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Published on 1/16/2013 in the Prospect News High Yield Daily.

EM-focused Credit Europe Bank sets tenor at 10 years for dollar bonds

By Christine Van Dusen

Atlanta, Jan. 16 - Netherlands-based Credit Europe Bank NV - a lender that serves emerging Europe, China and the United Arab Emirates - has set the tenor at 10 years for its dollar-denominated offering of bonds (Ba3//BB-), a market source said.

Citigroup, Goldman Sachs and HSBC are the bookrunners for the Regulation S-only deal, which is expected to price this week.


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