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Panama hires Daiwa Securities and Mitsubishi UFJ Morgan Stanley

Monday, November 15, 2010

Panama hired two banks to arrange meetings with bond investors in Japan this week. Daiwa Securities Capital Markets and Mitsubishi UFJ Morgan Stanley Securities are organizing the talks.
Panama plans to raise at least $500 million in its first Samurai bond sale early next year. The nation could lower its borrowing costs by selling debt in Japan.
Emerging economies have raised a total of at least 310 billion yen ($3.8 billion) this year through sales of Samurai bonds.
Original source: Bloomberg