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Belarus to start eurobond roadshow in U.S., Europe

Xinhua,February 14, 2018 Adjust font size:

MINSK, Feb. 13 (Xinhua) -- Belarus is going to start a roadshow for eurobonds in the United States and Europe on Feb. 15, Belarusian Finance Ministry said Tuesday.

Citi, Raiffeisen Bank International AG and the Development Bank of the Republic of Belarus will be as co-managers of the roadshow, the Ministry said in a press release.

The maturity date for new eurobond issues denominated in the U.S. dollars will be 10-12 years.

Earlier, Belarusian Finance Minister Vladimir Amarin announced that Belarus plans to float 600 million U.S. dollars worth of eurobonds in the first half of 2018.

In 2017, Belarus issued 1.4 billion U.S. dollars worth of eurobonds in two tranches with the interest rate of 7.125 percent and 7.625 percent respectively. Enditem

 

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