Pakistan mandates three for new Eurobond

Pakistan seeks third international bond deal over the past two years.
February 20, 2006
The Islamic Republic of Pakistan has mandated Citigroup, Deutsche Bank and JPMorgan for a new international deal that is expected to launch in March. Although the mandate has yet not been formally announced, the market is expecting a benchmark $500 million to $1 billion five-year deal.

Pakistan's existing two bond deals have performed well in the secondary market and the country will be looking to take advantage of this, as well as build on momentum in its economic reform programme.

In February 2004, the government priced a $500 million five year fixed rate deal under the lead of ABN AMRO, Deutsche Bank and JPMorgan. The deal was priced at par on a...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222