Croatia Sells $1.5Bln, Five-Year Dollar Bond At Yield Of 6.375%

Dow Jones Newswires

4/20/2012

Croatia sold $1.5 billion of dollar-denominated, five-year bonds to investors Thursday, according to 
people familiar with the deal.

The sovereign sold the debt at a yield of 6.375% and price of 99.472. The bond carries a coupon of 6.25%, 
the people said.

Croatia is rated Baa3 by Moody`s Investors Service Inc. and BBB- by Standard & Poor`s Corp. and Fitch 
Ratings.

Citigroup Inc. (C), Deutsche Bank AG (DB, DBK.XE) and J.P. Morgan Chase & Co. (JPM) were the lead managers 
on the deal.