BEA to handle second bond release
State energy company Sonatrach announced on 9 December that BanqueExterieured'Algerie( BEA) has been selected to lead manage its forthcoming bond issue. The AD 5,000 million ($72 million) bond is expected to be issued in January. The paper has a launch price of AD 104.6 ($1.5) and a coupon of 2.99 per cent.
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