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Cyprus begins marketing June 2019 euro benchmark at 5% area
June 17, 2014 / 1:52 PM / 3 years ago

Cyprus begins marketing June 2019 euro benchmark at 5% area

LONDON, June 17 (IFR) - The Republic of Cyprus has started marketing its first post-bailout public debt sale at 5% area, according to a lead.

The June 2019 transaction is expected to take place on Wednesday. Deutsche Bank, Goldman Sachs, HSBC, UBS and VTB Capital are arranging the sale.

Cyprus is rated Caa3/B/B- by Moody‘s/S&P/Fitch (positive/positive/stable). (Reporting by Sarka Halas; editing by Helene Durand)

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