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Egypt sets roadshow for euro-denominated benchmark notes
By Rebecca Melvin
New York, April 3 – The Arab Republic of Egypt has scheduled a series of fixed-income investor meetings regarding a benchmark offering of euro-denominated notes of eight- and/or 12-year duration, according to a syndicate source on Tuesday.
The meetings will be held in Europe starting on Wednesday.
Banca IMI, BNP Paribas, Deutsche Bank, and Standard Chartered Bank are mandated to organize the meetings for the Rule 144A and Regulation S deal.
Egypt’s Finance Ministry announced the planned deal to be issued in the current fiscal year in mid-February after it priced $4 billion of sovereign notes (B-/B) in three tranches.
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