July 14, 2015 / 12:09 PM / 2 years ago

Zambia picks banks for potential US dollar-denominated bond

LONDON, July 14 (IFR) - The Republic of Zambia has mandated Barclays and Deutsche Bank to arrange a series of fixed income investor meetings in the US and Europe, starting on July 16, according to a market source.

A US dollar-denominated 144A/Reg S bond may follow, subject to market conditions.

Zambia is rated B by Standard & Poor’s and B by Fitch. (Reporting by Michael Turner; editing by Alex Chambers)

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