JP Morgan, ABN Amro to manage Bucharest City Eurobond issue. JP Morgan and ABN Amro are
close to getting a contract for intermediating a EUR 120mn Eurobond issue ofy the Bucharest
municipality, Ziarul Financiar daily reads quoting sources close to the deal. The municipal bonds will
probably be listed on the Luxembourg Stock Exchange. Coupon and maturity terms of the debt are still
to be settled. Bucharest municipality projects a series of issues to reach EUR 500mn, but the finance
ministry has approved debt placements for just EUR 120mn so far.