Egypt plans to offer euro-denominated bonds on London Stock Exchange

Egypt is set to offer six-year and 12-year euro-denominated bonds on the London Stock Exchange on Thursday, to be settled on April 12, according to a document a bank document.

The size will be benchmark, the document said. Benchmark bonds are generally at least $500 million.

The bonds will mature on April 11, 2025, and April 2031. Banca IMI, BNP Paribas, Natixis, and Standard Chartered Bank are the bookrunners, the document said.

Source: Reuters