Gov’t hires advisors for euro-denominated bond sale

Gov’t hires advisors for first euro-denominated bond sale: BNP Paribas, Deutsche Bank, Standard Chartered, and Intesa Sanpaolo will manage Egypt’s first euro-denominated bond sale, the Finance Ministry said in a statement on Monday. The issuance will be worth EUR 1-1.5 bn and slated for before the start of FY2018-19. Al Tamimi & Co. and Dechert LLP are the legal advisers for the issuance. The sale comes after the government concluded a successful issuance of a USD 4 bn eurobond. Bloomberg also has the story.