• 16:21
  • Wednesday ,27 May 2015
العربية

Egypt picks arrangers for potential dollar bond issue

By-Ahram

Home News

00:05

Wednesday ,27 May 2015

Egypt picks arrangers for potential dollar bond issue

 Egypt has picked five banks to arrange fixed income investor meetings from Thursday ahead of a potential dollar-denominated bond issue, a document from lead arrangers showed on Tuesday.

The sovereign, rated B3/B-/B by Moody's/Standard and Poor's/ Fitch, has mandated BNP Paribas, Citigroup, JP Morgan, Morgan Stanley and Natixis to arrange the roadshows.
 
Meetings for the bond issue will be held in the United Arab Emirates, London and the United States between May 28 and June 3, the document added.