Egypt picks five Banks to manage Its $4billion Eurobond sale

Egypt selected five banks to manage a Eurobond sale of about $4 billion, the finance minister said, as the nation taps cheaper funding sources to bridge its budget gap. The government selected HSBC Holdings Plc, Citigroup Inc., JPMorgan Chase & Co.,Morgan Stanley and the National Bank of Abu Dhabi for the sale scheduled around January,…

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The post Egypt picks five Banks to manage Its $4billion Eurobond sale appeared first on BusinessDay : News you can trust.

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Author: Editor