Croatia sends request for proposal for new Eurobond issue - sources

Mon Apr 14, 2014 6:24am EDT

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LONDON, April 14 (IFR) - The Republic of Croatia, rated Ba1/BB/BB+, has sent a request for proposal for a new Eurobond issue, according to two market sources.

The deadline for submission for banks is Tuesday, said one of the sources.

Government sources have said that Croatia may issue a bond towards the end of May or in June.

Croatia was last in the international bond market in November, when it sold a US$1.75bn 2024 note. (Reporting by Sudip Roy and Igor Ilic; Editing by Anil Mayre)

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