The fund has commissioned Deutsche Bank, Investec and Raiffeisen Bank International to set up a series of meetings with investors to evaluate their interest in such an issue, the fund said in a note to investors.
This comes after NEPI recently received the Ba1 rating from Moody’s ratings agency, which is one notch below Romania’s sovereign rating – investment grade.
“The rating enables us to explore the possibility of issuing unsecured debt at the group level in order to optimize its funding sources,” NEPI announced on Monday. (source: Romania-insider.com)