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Mongolia selects five bookrunners for dollar-denominated notes
By Christine Van Dusen
Atlanta, Nov. 26 - The Government of Mongolia has mandated Bank of America Merrill Lynch, Deutsche Bank, HSBC, JPMorgan and TDB Capital for its planned dollar-denominated offering of notes (B1/BB-/B+), a market source said.
The Rule 144A and Regulation S notes are being marketed on a roadshow that began Nov. 22.
The proceeds will be used for infrastructure and utility projects, according to a report from Standard & Poor's.
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