Reuters: Bulgaria to Open Eurobond Sales Roadshow on 16 March
Wednesday, 04 March 2015
Bulgaria plans to launch a roadshow for Eurobond sales later this month to raise funds for rolling over maturing debt and financing budget deficit, Reuters has reported.
The newswire on Friday quoted two industry sources familiar with the Bulgarian government’s plans to sell Eurobonds that market conditions were favourable “as investors stock up before the ECB begins its sovereign-bond-buying programme”.
The Bulgarian government has yet to decide how much it is going to raise in the sale of Eurobonds, part of its EUR 8 B debt plan approved by parliament.
The three-day road show, to start on March 16, will be held in Munich, Frankfurt, London, Vienna and Paris, according to one of the sources, Reuters said.