Uruguay Hires Banks For Bond Sale

Uruguay is mulling selling samurai bonds and has appointed two banks to arrange talks with Japanese debt investors for the same.

Uruguay is mulling selling samurai bonds and has appointed two banks to arrange talks with Japanese debt investors for the same, Bloomberg reports. The South American country has not yet disclosed the financial details of the transaction. Daiwa Securities Capital Markets and Nomura Securities are arranging the discussion to be held in mid May 2011. The bonds will be guaranteed by the Japan Bank for International Cooperation.

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