Cairo – Mubasher: Egypt seeks to promote its upcoming US dollar-denominated bonds at 70 to 80 global financial institutions, said Ahmed Kojak, deputy finance minister for fiscal policies on the sidelines of press conference on Sunday.
“The value of the bond issuance ranges from $2.5 billion to $3 billion,” he added.
Egypt will start the roadshow to promote its expected bond issuance with a visit to Abu Dhabi and Dubai on 17 January, then New York on 18 January, Boston on 19 January, Los Angeles on 20 January. The roadshow will end in London on 23 January.
Earlier, the Egyptian government appointed BNP Paribas, Citigroup, JP Morgan and Natixis as joint lead managers for a series of investor meetings in the Middle East, US and Europe commencing 17 January.
