Public Finance

Montenegro mandates for bond roadshow

Montenegro mandates for bond roadshow

  • Republic prepares first international issuance since raising €180mn in 2011.
     
  • Citi, Deutsche Bank and Erste Group will run European roadshow beginning on May 6.
     
  • Borrower also announces exchange-and-tender offer for outstanding 2015 and 2016 bonds.

 

Turkey raises EUR1bn with eurobond

Turkey raises EUR1bn with eurobond

  • Sovereign makes third international debt market visit this year
     
  • Treasury sells paper with tighter coupon than last euro issuance in November
     
  • Deal means 2014 borrowing programme is 90% complete
     
  • Deutsche Bank, ING and JP Morgan run transaction