Mongolia rally revs up, TDBM announces roadshow

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By Virginia Furness
03 Jul 2014

Trade & Development Bank of Mongolia (TDBM) kicked off a series of fixed income investor meetings on July 3. The borrower, which sold a dim sum bond in January, is the only Mongolian credit to have tapped the international market so far this year.

Bank of America Merrill Lynch, Goldman Sachs and ING are arranging the meetings, which are taking place in Asia, Europe and the US. A US dollar 144A Reg S offering may follow.

“It’s a good time for them to come,” said a banker away from the ...

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