The two banks are said to have won joint books for the deal late last week and are preparing to launch roadshows for a three to five-year transaction during the week beginning June 10. The 82.3% government-owned policy bank has not yet made a final decision over the exact maturity of the deal, but is said to be leaning towards a three-year offering.
The deal marks a welcome return for a credit, which has long promised to become an active...