Belarus launches eurobond roadshow in United States, Europe
MINSK, 19 June (BelTA) – Belarus launched a roadshow for eurobonds in the United States and Europe on 19 June, BelTA learned from the Belarusian Finance Ministry.
The country is holding a roadshow for eurobonds denominated in the US dollars in the United States and Europe starting 19 June. Depending on the market conditions, Belarus plans a dual tranche for five and ten years. Citi, Raiffeisen Bank International AG and the Development Bank of the Republic of Belarus have been selected as co-managers.
The maturity date for new eurobond issues and the emission volume have not been made public.
As BelTA reported earlier, Belarus plans to redeem $800m worth of eurobonds in early 2018 and continues its work on a new eurobond issue. In 2011 Belarus floated $800 million worth of eurobonds with the interest rate of 8.95% and the redemption date of 26 January 2018.