March 12, 2015 / 10:27 AM / 2 years ago

Montenegro begins marketing five year euro bond at 4.125% area

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)

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