Spain Raises €4B In Bond Sale

Spain has raised a total of €4 billion in a bond sale.

Spain has raised a total of €4 billion in a bond sale, The Wall Street Journal reports. The notes, which carry a coupon rate of 5.9%, will mature on July 30, 2026. The orders for the bond offering were over €7 billion, with 150 accounts taking part in the deal. The lead managers for the sale were Caja Madrid, Citigroup, Credit Agricole, Deutsche Bank, HSBC Holdings and Santander.

Click here for the story from The Wall Street Journal.