The Romanian Finance Ministry will start a roadshow on Friday, November 11, for a potential international debt issue, which would be the second this year, according to deputy Finance Minister Bogdan Dragoi. The arrangers will be Citibank, Deutsche Bank and HSBC.

The Finance Ministry had previously said it was planning a second issue in November, either in EUR or USD.  The road show will include visits to London and the US and will last until November 16.

“We think Romania is a good story for investors,” said Dragoi, quoted by Bloomberg. “We’re doing this now, after the IMF and EU quarterly review showed we had a very good performance and we have the 2012 budget outline. We’re, of course, more cautious in our estimates and with our budget, considering the European debt crisis.”

editor@romania-insider.com