Pakistan Raises Record $3 Billion via Dual-Tranche Eurobond Sale

Pakistan raises $3bn through dual-tranche Eurobond sale

ISLAMABAD: Pakistan has raised a record $3 billion — its single largest international capital market transaction — through a dual-tranche Eurobond sale that drew nearly $6bn in orders, the Ministry of Finance said on Thursday. In a statement, it said: “The transaction attracted nearly $6bn in orders — almost twice the amount issued — from a broad and diversified base of institutional investors across global markets and continents.” “The successful transaction marks ...

By [email protected] (Khaleeq Kiani)