Papua New Guinea preps dollar bond again

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By Morgan Davis
04 Sep 2018

The Independent State of Papua New Guinea (PNG) has taken a step towards debuting in the international bonds market, mandating banks for a long-awaited dollar issuance.

PNG has named Credit Suisse as global co-ordinator and Citi as lead manager and bookrunner on the proposed 144A/Reg S transaction. The sovereign issuer is eyeing a five and/or 10 year benchmark bond.

Fixed income investor meetings will be held in Singapore, Hong Kong, London and the US. ...

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