Reuters: Mongolia may add banks to Tavan Tolgoi adviser list

Mongolia could add “one or two” banks to its list of advisers for the multi-billion dollar initial public offering of Erdenes-Tavan Tolgoi, believed to be the world’s biggest coking coal deposit, a senior official said on Monday. BNP Paribas , Deutsche Bank , Goldman Sachs and Macquarie have already been shortlisted as advisors on the IPO, expected in 2012 and set to raise as much as $15 billion, according to some bankers. To read the full article, click here: Mongolia may add banks to Tavan Tolgoi adviser list

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