Romania mandates four primary dealers for euros

By Francesca Young
10 Apr 2014

Romania has picked four banks from its primary dealer list to lead manage a euro-denominated bond, according to two sources away from the deal.

The sovereign has picked Citi, ING, Société Générale, and UniCredit for the deal.

Romania, rated Baa3/BB+/BBB, has already tapped the market this year with a $2bn dual tranche bond, split between 10 and 30 year transactions.

That Reg S/144A deal marked the first time the sovereign placed a multi-tranche international transaction and its first ...

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