The Republic of the Maldives, which took a big hit to its tourism-reliant economy last year due to the pandemic, announced a tender and new money offer on Monday, returning to the dollar bond market after a three-year hiatus.
The island nation mandated the Islamic Corporation for the Development of the Private Sector (ICD) as the initial mandated lead arranger, and Credit Suisse, Emirates NBD Capital and HSBC as global co-ordinators for the 144A/Reg S five-year transaction. The banks will hold investor calls from Monday.
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Source URL: Bing News :
