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English news

15-Jan-2017

Egypt's USD bond roadshow starts on 17 January, ends on 23 January

Egypt will start a series of investor meetings to market for the USD bond offering on 17 January in the Middle East, US and Europe. The roadshow will visit Abu Dhabi and Dubai on 17 January; New York on 18 January; Boston on 19 January; Los Angeles on 20 January; and finish in London on 23 January. The multi-tranche offering is of five and 10-year maturities, a 30-year tranche could also be considered. The sovereign is rated B3 stable by Moody's and B stable by Fitch. BNP Paribas, Citigroup, JP Morgan and Natixis are joint lead managers for the issuance. (Reuters)

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