Scotia

Scotiabank’s Global Banking and Markets New York office acted as Joint Bookrunner and Billing & Delivery Agent for the transaction. The bonds, which have a yield of 9.5%, become due in 2052.

Commenting on the bond issue vice president of Scotia Capital Markets in Jamaica, Sarah Cumming said: “The El Salvador issuance underscores the importance of Scotiabank’s global expertise and distribution network for sovereigns in the region to price and place new issues with seamless execution.