Latest in Tag: eurobond Highlight
Latest in Tag: eurobond
There is bullish case for the Egyptian eurobond market, but risks have not gone away
we expect Egypt to continue to tap the eurobond market annually, including in 2019 and again in 2020, along with more infrastructure-linked loans.
Egypt successfully raises €2bn in eurobond issuance, closes 3.8 times oversubscribed
Egypt successfully closed a €2bn eurobond issuance, the country’s first public bond denominated in euros. The offering was 3.8 times oversubscribed, attracting purchase orders of €7.5bn from over 350 investors from 35 countries, according to a statement issued by the Ministry of Finance on Monday. The eurobond issuance was divided into two equal tranches; eight-year …
HSBC, JP Morgan, Morgan Stanley, Citibank, NBAD to arrange Egypt’s next eurobond issuance
Five international banks were chosen to arrange Egypt’s dollar-denominated eurobond issuance on 5 January 2018. The institutions are HSBC, JP Morgan, Morgan Stanley, Citibank and the National Bank of Abu Dhabi (NBAD), Finance Minister Amr El-Garhy announced on Thursday. El-Garhy said the $4bn eurobond issuance will be at the end of January 2018, which is …