Ethiopia picks three banks for debut US dollar Eurobond

Reuters By Michael Turner and Helene Durand LONDON,(IFR) – The Federal Democratic Republic of Ethiopia has picked BNP Paribas, Deutsche Bank and JP Morgan to arrange a debut US dollar-denominated Eurobond, according to sources. The bond is likely to have a minimum 10 year tenor, according to a source. The banks declined to comment. Ethiopia

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