South Asian sovereigns issue new financings

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By GlobalCapital
10 Mar 2016

Pakistan and Sri Lanka have approached the loan market for their latest fundraisings. While interest in the former has been steadily rising, the latter was recently hit by a rating downgrade.

Pakistan is looking for a loan of $150m, marking its third syndication in the past year. Credit Suisse is the mandated lead arranger and bookrunner on the 18 month fundraising, which is open to banks at three levels.

Mandated ...

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