Pakistan Launches Dual-Tranche Eurobond Offering to Tap International Capital Markets

Pakistan launches dual-tranche Eurobond offering

ISLAMABAD: Pakistan on Tuesday launched the process for a US dollar-denominated benchmark dual-tranche Eurobond offering with five-year and 10-year tenors, as the government seeks to deepen its return to international capital markets following recent sovereign rating upgrades. Adviser to the Finance Minister Khurram Schehzad said in a post on X that the proposed transaction was subject to market conditions and represented another step in Pakistan’s renewed access to international capital mark...

By [email protected] (Dawn Report)