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Potential Slovenia syndication

EGB SYNDICATION
  • "The Republic of Slovenia has mandated Barclays, BNP Paribas, Credit Agricole CIB, Deutsche Bank, Erste Group and J.P. Morgan as Joint Dealer Managers for a Tender Offer for the Issuer’s outstanding May 2023 and February 2024 USD securities as well as March 2023 and September 2024 EUR securities. Additionally, the Republic will consider an Euro denominated Reg S transaction in dematerialised registered form, subject to market conditions and the results of the concurrent Tender Offer."
  • From market source
  • So not just a straight syndication potentially a buyback first.

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