The country will place a EUR 180mn Eurobond issue in early-April 2011, finance minister Milorad Katnic announced, as quoted by Mina news agency. The minister noted that all the necessary documentation has already been prepared. We recall that the government had earlier selected JP Morgan and HSBC as lead managers in the planned issue. Legal advisor is London-based company Linklaters LLP. Montenegro placed a EUR 200mn Eurobond issue last year, which enjoyed high interest as the demand exceeded over threefold the offered amount. |
Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more
Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more
Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more