MANILA, Philippines—Only less than a month after it issued Japanese yen-denominated samurai bonds, the Philippines will tap the euro debt market next.
In an announcement on Monday (April 19), the Philippine government said meetings with fixed-income investors will be held in Asia, Europe and the United States starting April 19, after which it may soon issue euro-denominated securities “subject to market conditions.”
The Philippines was looking at selling tenors, or maturity periods, of four, 12, or 20 years.
The government hired BNP PARIBAS, Credit Suisse, Goldman Sachs, JP Morgan, Nomura, and Standard Chartered Bank as joint lead managers and bookrunners.
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