Bond float: Roadshows planned in key financial cities

Privatisation Commission announced that it will undertake roadshows in five countries to raise $500 million in bonds.

ISLAMABAD:

The Privatisation Commission has announced that it will undertake roadshows for the issuance of $500 million worth of bonds, at Abu Dhabi, Singapore, Zurich, London and Hong Kong from June 19 to 21.

The financial advisory consortium comprising Citibank, Credit Suisse, JP Morgan and BMA Capital, has been assigned the task to issue the exchangeable bonds backed by 10 per cent shares of Oil and Gas Development Company Limited (OGDCL).

Published in The Express Tribune, June 7^th, 2011.