23.5 C
August 4, 2021

Finance Ministry USD bonds issue on US market

Romania initiated an issue of bonds in dollars, with a ten-year-maturity term, on the US market, with a 7 pc-coupon, the Finance Ministry state secretary Bogdan Dragoi told Reuters yesterday, Mediafax reports. The main arrangers of the issue are Citi, Deutsche Bank and HSBC. Romania was awarded a “Baa3” rating by Moody’s and a “BBB-“ rating by Fitch, both corresponding to the investment grade category. Only Standard & Poor’s awarded Romania the “BB+” rating, which belongs to the non-investment grade category.

Related posts

Credit Europe Bank launches MasterCard display debit cards

Nine O' Clock

Energy giants, to become functional by year end


Freight ferry line opens between Constanta and Istanbul

Nine O' Clock