Mongolia Meets Investors; Thanksgiving Slows Issuance in Asia - Businessweek: "Mongolia is meeting investors from today to discuss a possible dollar-denominated bond sale, as closed markets in the U.S. for Thanksgiving prompted Asian issuers to pause. Bond risk fell.
The North Asian country, which was the world’s fastest- growing economy last year, hired five banks to arrange the meetings, a person familiar with the matter said yesterday. Asia-Pacific dollar note sales this week total $1.8 billion, compared with $3.9 billion last week, according to data compiled by Bloomberg. Asia debt risk is poised to close at the lowest level in more than two weeks, according to prices from Westpac Banking Corp. (WBC) and data provider CMA.
Mongolia, an exporter of coking coal, is seeking to raise as much as $5 billion from bonds and loans for rail and "
'via Blog this'
The North Asian country, which was the world’s fastest- growing economy last year, hired five banks to arrange the meetings, a person familiar with the matter said yesterday. Asia-Pacific dollar note sales this week total $1.8 billion, compared with $3.9 billion last week, according to data compiled by Bloomberg. Asia debt risk is poised to close at the lowest level in more than two weeks, according to prices from Westpac Banking Corp. (WBC) and data provider CMA.
Mongolia, an exporter of coking coal, is seeking to raise as much as $5 billion from bonds and loans for rail and "
'via Blog this'
