Ecuador Sells Record $4 Billion in Post-Restructuring Bond Deal

Ecuador sold $4 billion of bonds, its largest-ever issuance as it returned to global credit markets after restructuring its debt in 2020.

The South American country offered $2.2 billion in dollar notes due in 2034, and another $1.8 billion in bonds maturing in 2039, according to people familiar with the matter. Yields on the notes were 8.75% and 9.25%, respectively, the people said, asking not to be identified because the details are private.