Romania considers refinancing part of EUR 4.25 bln FX bonds due next year
Romania has already completed its plan of raising EUR 13 billion with FX bond issues on the foreign markets this year, but head of Treasury Stefan Nanu does not rule out new issues to refinance issues maturing next year, according to a…
iulian ernst · Journalist
· Updated · 2 min read
Romania has already completed its plan of raising EUR 13 billion with FX bond issues on the foreign markets this year, but head of Treasury Stefan Nanu does not rule out new issues to refinance issues maturing next year, according to a Reuters interview.
"While we do not need another eurobond issue this year... it is possible that we will consider liability management on foreign markets. [...] There are three eurobond issues which expire next year ... worth EUR 4.25 billion (USD 4.94 billion), we might do a switch," Nanu said.
