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SARAJEVO - The Federation of Bosnia and Herzegovina is preparing to issue its inaugural €350 million bond with a 5-year maturity, according to a pre-stabilization notice released Thursday.
Deutsche Bank AG (ETR:DBKGn), Merrill Lynch International, and UniCredit Bank will serve as stabilization managers for the bond issuance. The stabilization period is expected to begin on July 10, 2025, and end no later than August 28, 2025.
Initial price talks indicate a yield of around 6%, though the final terms are yet to be confirmed. The bond will be issued by the Federation of Bosnia and Herzegovina, represented by its government acting through the Federal Ministry of Finance.
The stabilization managers may over-allot securities to the extent permitted by applicable law to support the market price during the stabilization period, though such action is not guaranteed and may cease at any time.
The securities have not been registered under the United States Securities Act of 1933 and will not be offered in the United States. The offering is primarily directed at qualified investors in the European Economic Area and the United Kingdom (TADAWUL:4280).
This marks the first international bond issuance for the Federation of Bosnia and Herzegovina, potentially establishing its presence in global debt markets. The announcement was made through a press release statement issued via the London Stock Exchange (LON:LSEG)’s news service.
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