Bulgaria picks Deutsche Bank/Raiffeisen to arrange loan

Newswire

SOFIA, Oct 30 (Reuters) - Bulgaria has picked Deutsche Bank and Raiffeisen Bank International to raise up to 360 million euros via a Schuldschein loan, a government source said on Wednesday. Finance Minister Petar Chobanov had said previously that his ministry had picked a consortium of banks to organise the loan, which resembles a bond as the banks sell it institutional investors, but is not a security and is not traded on the stock exchange. "Deutsche Bank ...

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