Ecuador hires Citigroup, Credit Suisse, possible bond effort to raise 1 billion dollars

Posted on April 3, 2014 • Filed under: Business, Ecuador

reuters.com reported that Ecuador could return to the international bond markets to raise up to USD1bn as soon as May or June, two investors said on Wednesday, including one with close ties to the sovereign. The country, out of the market since defaulting on USD3.2bn of debt in December 2008, has hired Citigroup and Credit Suisse to meet investors in London and the States in the next few days. Read Article

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