Pakistan eyes $200m loan amid mounting debt

By Pan Yue
23 Aug 2018

Pakistan is making a quick comeback to the loan market, seeking $200m, amid a mounting debt crisis in the country. But economists and bankers said numerous funding avenues are available for the sovereign to manage its $12bn of outstanding debt.

Pakistan’s ministry of finance is raising a $200m loan with a one year tenor, led by sole mandated lead arranger and bookrunner Credit Suisse, according to a source close the situation. Details of pricing and use of proceeds are limited.

The deal has been launched into general ...

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