Slovenia 144A debut opens up market options
A barnstorming 144A debut by the Republic of Slovenia this week has afforded the issuer the opportunity to mull its options in a variety of other currencies. This is a remarkable turnaround for a borrower whose 10 year euro yields spiked north of 7% over the summer on speculation that it would be the next country to take a European Union bail-out. The deal is the latest of a spate of central and eastern European sovereigns tapping dollars in highly successful trades this year.
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