Reuters: Bulgaria Chooses Four Banks to Organise 2016 Global Bond Issues
Friday, 19 February 2016
Bulgaria’s Finance Ministry has chosen four banks as lead managers of a bond sale of up to 3.9 billion leva on global markets in 2016, Reuters reported on Thursday, citing an inside source.
Another source has told the newswire that Citi and JP Morgan Chase were two of the chosen lead managers, and the other two were European banks.
The finance ministry has declined to comment but confirmed in a statement to Reuters that it had undertaken “measures to secure the possibility to raise debt under the mid-term debt programme, including selection of lead managers and update of the necessary documents.”