$ 1 b Sovereign bond road show ends in London on Monday

Friday, 13 July 2012 05:38 - - {{hitsCtrl.values.hits}}

HONG KONG (Reuters): Sri Lanka will meet investors through the rest of this week, finishing in London next week for a potential global dollar bond, with Bank of America Merrill Lynch, Barclays, Citigroup and HSBC as leads.

The borrower will split in two teams and is meeting investors on Thursday in Singapore and San Francisco, on Friday in Hong Kong and Los Angeles and on Monday in London.Late last month the Central Bank had said it planned to sell up to $ 1 billion offshore bonds. The deal could mark Sri Lanka’s fifth sovereign bond issuance since it first sold a $500 million, five-year euro bond in October 2007.