DUBAI, March 30 (Reuters) - Pakistan on Tuesday gave initial
price guidance for three-tranche U.S. dollar-denominated bonds
comprising tranches of five, 10 and 30 years, a document showed
Initial guidance was around 6.25% for the five-year notes,
around 7.5% for the 10-year paper and between 8.875% and 9% for
the 30-year tranche, the document from one of the banks on the
Credit Suisse, Deutsche Bank, Emirates
NBD Capital, JPMorgan, Standard Chartered
and BOC International are arranging the deal, which is
expected to launch later on Tuesday.
Each tranche will be of benchmark size, which generally
means at least $500 million.
(Reporting by Yousef Saba; Editing by Andrew Heavens)