News Column

Morocco begins marketing 10-year euro bond at MS+225-230bp

June 21, 2014

Sudip Roy

The Kingdom of Morocco, rated BBB- by both Standard & Poor's and Fitch, has opened books on a 10-year euro-denominated bond at initial price thoughts of 225-230bp over mid-swaps, according to a lead.

The benchmark-sized bond will be launched and priced later on Friday.

BNP Paribas, Commerzbank and Natixis are the lead managers.

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Source: UMCI News

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