Slovenia To Raise €1.5B In Note Sale

Slovenia is planning to raise about €1.5 billion in a sale of government bonds.

Slovenia is planning to raise about €1.5 billion in a sale of government bonds, Bloomberg reports. The exact date and the details of the securities, which are due in 10 or more years, have not been disclosed by the ministry.

Barclays Capital, Deutsche Bank, Goldman Sachs Group, HSBC Holdings and Nova Ljubljanska Banka have been appointed by Slovenia to manage the note sale. The country is selling the notes to secure financing before a possible hike in borrowing costs.

Click here for the story from Bloomberg.