Country Road

rnCentral Banks Deputy Governor, W A Wijewardene will lead the local delegation from November 11-14.rn

rnLast month, Deutsche Bank and UBS Warburg won the mandate to jointly raise US$ 100 mn through a five-year floating rate note. The lead managers have the option of raising a further US$ 50 mn if the terms are favourable to the government.

rnCitibank was also given the mandate to raise US$ 150 mn through a five-year syndicated loan. The issue comes with a 90 percent guarantee from Japanese government backed Nippon Export Investment Insurance Co.