Economics

Armenia to kick off meetings next week ahead of Eurobond debut

The Republic of Armenia will begin meeting with fixed-income investors next week ahead of its potential debut in the Eurobond market, according to one of the lead managers.

The sovereign, rated Ba2 by Moody’s and BB- by Fitch, will meet investors in Los Angeles on September 10, New York on September 11, Boston on September 12 and London on September 13.

A US dollar-denominated 144A/Reg S bond offering of benchmark size might follow, subject to market conditions.

Deutsche Bank, HSBC and JP Morgan are arranging the meetings, Reuters reports.

Show More
Back to top button