Philippines says mandates banks for peso global bond sale

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MANILA, Sept 9 | Thu Sep 9, 2010 1:28am EDT

MANILA, Sept 9 (Reuters) - The Philippines said on Thursday it had mandated six banks as joint bookrunners for its maiden peso global bond issue maturing in 2021 which it plans to launch soon.

The government said in a statement it has mandated Citigroup (C.N) and Deutsche Bank (DBKGn.DE) as joint global coordinators for the sale.

It did not specify the size of the issue but officials have previously it could be the equivalent of as much as $1 billion.

Citigroup, Credit Suisse (CSGN.VX), Deutsche Bank, Goldman Sachs (Asia) L.L.C. (GS.N), HSBC (HSBA.L)(0005.HK), and J.P. Morgan (JPM.N) are joint bookrunners.

(Reporting by Rosemarie Francisco)

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