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Egypt Offers Euro-Denominated Bonds on London Stock Exchange: Bank Document

Source: www.export-egypt.com 4/4/2019, Location: Africa

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Egypt will offer six-year and 12-year euro-denominated bonds on the London Stock Exchange,to be settled on April 12, according to a document issued by one of the banks leading the deal.

The size will be benchmark, the document said. Benchmark bonds are generally at least $500 million.

The bonds will mature on April 11, 2025, and April 2031. Banca IMI, BNP Paribas, Natixis and Standard Chartered Bank are the bookrunners, the document said.

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