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Pakistan Is Said to Hire Banks for International Bond Sale

  • Nation looking to issue notes after resuming IMF loan program
  • Plan comes amid volatility recently in global debt markets
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Photographer: Asim Hafeez/Bloomberg

Pakistan has hired banks for a possible foreign-currency bond offering, according to people familiar with the matter.

The government has mandated Deutsche Bank AG, JPMorgan Chase & Co., Credit Suisse Group AG, Standard Chartered Plc and Emirates NBD Bank PJSC, the people said, asking not to be identified because the details are private.