Poland mandates banks for renminbi-denominated bond offering

By Christine Van Dusen

Atlanta, Aug. 12 – Poland has mandated Bank of China and HSBC as the joint lead underwriters for an offering of renminbi-denominated bonds, according to an announcement from the sovereign.

“Other banks may also be invited into the syndicate during the issuance process,” the announcement said. “The transaction will be launched in the near future, subject to market conditions.”

Other details on the panda bonds were not immediately available on Friday.

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