Sri Lanka taps bookrunners for planned $1 billion notes offering

By Christine Van Dusen

Atlanta, Aug. 12 - Sri Lanka has mandated HSBC Holdings, Bank of America Merrill Lynch and RBS for a planned issue of $1 billion in bonds, according to a statement on the Central Bank of Sri Lanka's web site.

The issue is subject to market conditions and will likely come to market "later this year," the statement said.

Bank of Ceylon has been appointed co-manager.

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