Tunisia hires Natixis and JP Morgan for seven-year US Aid-backed bond
LONDON, July 21 (IFR) - Tunisia has mandated JP Morgan and Natixis to manage a seven-year bond deal backed by the US AID agency, according to a lead manager.
More details could follow later today, subject to market conditions, the lead said.
Tunisia is rated Ba3, B, BB- but the note is expected to have the ratings of the US government, at Aaa, AA+, AAA. (Reporting by Sudip Roy and Helene Durand; editing by Anil Mayre)