Iraq begins Thursday to promote an international bond issue (Dif-Source)
Tuesday 08 September 2015
Sources familiar with the matter said that Baghdad want to combine up to six billion dollars in a series of versions of dollar bonds, but the first version is expected to be much smaller
Banking sources pointed out that the Iraqi government will promote the campaign for the first international bond issue in nine years as it seeks to finance a budget deficit because of falling oil prices and the war against militants organize "Daash."
Sources familiar with the matter said Baghdad want to combine up to six billion dollars in a series of versions of dollar bonds, but the first version is expected to be much smaller.
He pointed out that the Mrtbo versions of Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States.
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Tuesday 08 September 2015
Sources familiar with the matter said that Baghdad want to combine up to six billion dollars in a series of versions of dollar bonds, but the first version is expected to be much smaller
Banking sources pointed out that the Iraqi government will promote the campaign for the first international bond issue in nine years as it seeks to finance a budget deficit because of falling oil prices and the war against militants organize "Daash."
Sources familiar with the matter said Baghdad want to combine up to six billion dollars in a series of versions of dollar bonds, but the first version is expected to be much smaller.
He pointed out that the Mrtbo versions of Citigroup, Deutsche Bank, JP Morgan arranging version and will begin meetings with investors in the United Kingdom and the United States.
[You must be registered and logged in to see this link.]