Bermuda to Meet Investors

Bermuda is planning investor meetings next week. The island nation will visit fixed-income accounts starting in London Monday and visit Los Angeles and Boston before finishing in New York the following Monday. HSBC is coordinating. The sovereign has an Aa2/ AA minus/AA+ rating. Its previous visit to the DCM was its first, raising $500m in 10-year bonds in 2010, at a 5.603% yield. The bonds were heard trading around 3.40-3.50% Thursday.