Serbia mandates two bookrunners for $1 billion offering of notes

By Christine Van Dusen

Atlanta, Sept. 9 - Serbia has mandated Deutsche Bank and JPMorgan as the bookrunners for a $1 billion offering of notes that is expected to come to the market before the end of the year, a market source said.

"A first look suggests it could be Libor plus 475 basis points if it is a dollar 10-year issue," a trader said.

No other details on the debt offering were immediately available on Friday.

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