LONDON, March 12 (IFR) - Montenegro has begun marketing a five year euro-denominated benchmark-sized bond at 4.125% area, according to a lead.
Citigroup, Deutsche Bank, Erste Group and Societe Generale are running the Reg S/144 A deal.
Books are open and the deal is expected to price today.
Montenegro is rated Ba3 negative by Moody's and B+ stable by Standard & Poor's. (Reporting by Michael Turner; editing by Alex Chambers)