Bloomberg: Mongolia to Start Marketing Public, State-Backed Bonds March 8

The Development Bank of Mongolia LLC, a state-backed lender, will begin meeting with investors this week to offer dollar-denominated bonds in the country’s first public offering of government-guaranteed foreign debt. The sale, part of the $600 million Euro Medium Term Note program the bank arranged with ING Groep NV last December, will start with a series of investor meetings on March 8, ING said today in a e-mailed statement. Deutsche Bank AG (DBK) and HSBC Holdings Plc (HSBA) have also been mandated to arrange meetings with investors for the sale, the statement said. To read the full article, click hereMongolia to Start Marketing Public, State-Backed Bonds March 8

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