The international market demand for Armenia’s Eurobonds already exceeded $2 billion, Reuters news agency reports.
And the US orders are still to come in before the guidance revision.
As a result, Armenia has set a final yield of 6.25% on seven-year Eurobond.
The sovereign, rated Ba2 by Moody’s and BB- by Fitch, released initial price thoughts of 6.375% area on the issue earlier on Thursday.
To note, Armenia expects to receive $500 million from the first issuance of its Eurobonds.
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