Romania comes back after a four-year brake to the external capital market, the Ministry of Economy and Finance having announced its intention of releasing an issue of Eurobonds in a value of EUR 500 M some time ago.
Minister of Economy and Finance, Varujan Vosganian has stated that 25 international banks had inquired after the possibility of acting as intermediaries for the EUR 500 M Eurobond issue Romania is going to release on the foreign market.
â€˜During my trip to Washington early this week I met up with representatives of 15 of the 25 banks with whom I had talks on the intermediation of our Eurobond issueâ€™ said the minister quoted by Rompres. He added that the money raised from the Eurobond issue would be spent on re-financing older debts maturing halfway through next year. (more…)
October 30th, 2007