Albania to issue €300 million bonds on international markets

By Christine Van Dusen

Atlanta, May 15 – Albania is looking to issue €300 million of bonds on the international markets, a market source said.

The sovereign previously delayed a dollar-denominated eurobond issue that was expected to come to market in May of 2010 via JPMorgan and Deutsche Bank due to market conditions.

That deal was expected to total between $300 million and $400 million.

Other details on the new deal were not immediately available on Friday.

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