LONDON, March 7 (IFR) - Ivory Coast has mandated BNP Paribas, Citigroup, Deutsche Bank and Societe Generale for a euro-denominated bond, according to a lead.
The sovereign is looking to offer a benchmark bond with a final maturity of up to 12 years, with a weighted average life of up to 11 years.
It will also explore the possibility of a long-dated euro tranche.
Investor meetings in Europe and the US begin on March 9.
Ivory Coast is rated Ba3 by Moody’s and B+ by Fitch. (Reporting by Robert Hogg; editing by Sudip Roy)