Rwanda Plans Debut Bond Sale of $400 Million to Lift Economy
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Rwanda said it plans to raise $400 million in a debut sale of Eurobonds as the East African country seeks to accelerate economic growth.
The government appointed BNP Paribas SA and Citigroup Inc. as lead managers for the 10-year bond offering, Finance Minister Claver Gatete said in mobile-phone text messages today. The banks will arrange investor meetings in Asia, Europe and the U.S. starting Thursday, central bank Governor John Rwangombwa said in comments posted on Twitter.