Romania approves more dealers for future Eurobonds

By bne IntelliNews January 21, 2014

Romania has picked up more dealers for the coming Eurobond issues under the medium-term programme recently prolonged by the end of 2016, Ziarul Financiar daily announced.

Thus, the number of dealers reached 16. The arrangers remain Erste Group and Societe Generale – the financial groups that run the first two largest banks in the country – BCR and BRD, respectively.

Merrill Lynch is among the new dealers approved by the government and the daily finds this rather unexpected given the conflict between the US bank and the Romanian government some fifteen years ago in 1998-1999, when the country nearly defaulted.

Goldman Sachs – which arranged the 15% IPO at state-owned firm Romgaz last year, is also on the list.

Romania’s interest in the Japanese market is illustrated by the approval of Nomura and Daiwa. The government announced plans to organise a road-show in Asia to meet investors in Romanian debt.

On the list of new dealers are also ING, Raiffeisen and RBS.

The complete list of dealers for Romania’s Eurobonds includes Barclays, Citigroup, BNP Paribas, Daiwa, Deutsche Bank, Erste, Goldman Sachs, HSBC, ING, JP Morgan, Merrill Lynch, Nomura, Raiffeisen, RBS, SocGen and UniCredit.

Related Articles

Romania's Transgaz to open branch in Moldova to speed up pipeline construction

Romanian natural gas transport company Transgaz will soon open an office in Chisinau to speed up the construction of Ungheni-Chisinau pipeline that will bring Romanian gas to Moldova’s main ... more

Cummins reportedly to relocate production from UK to Romania after Brexit

Global engine and generators manufacturer Cummins plans to relocate production from the UK to Craiova, in southwest Romania, after Brexit, Craiova mayor ... more

Nato boosts Black Sea presence with new Romanian military force

Nato launched a new multinational force in Craiova, southern Romania, on October 9, as part of its Forward presence in the southeastern alliance states.  The move is aimed at countering ... more

Dismiss