Wednesday, April 18, 2007

European Investment Bank to Begin Romanian Bond Sale, Seeking $61 Million

(Bloomberg) -- The European Investment Bank, the lending arm of the European Union, will start selling 150 million lei ($61 million) of seven-year bonds this month, its first debt sale in the Romanian currency.

The subscription period for the bond sale, which will be managed by ABN Amro Bank Romania SA, will begin April 26 and end May 4, the EIB said in an e-mailed statement today. It said the sale could be doubled to 300 million lei.


Read more at Bloomberg Bonds News

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