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Published on 11/16/2009 in the Prospect News Emerging Markets Daily.

El Salvador mandates Citigroup, JPMorgan for benchmark dollar-denominated 10-year notes

By Paul A. Harris

St. Louis, Nov. 16 - The Republic of El Salvador (Ba1/BB/BB) mandated Citigroup and JPMorgan to lead a benchmark offering of dollar-denominated 10-year notes, according to a market source.

Investor presentations for the Rule 144A and Regulation S offering are set for Tuesday in Boston, Wednesday in New York and Thursday on the U.S. West Coast.

Pricing is subject to market conditions.


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