Breaking News: Govt. rumoured to have hired HSBC for bond investor roadshow
Created: May 14, 2010 11:00 AM
Bermuda Government has hired HSBC Holdings plc. to arrange a series of bond investor meetings in Asia, Europe, the US and on the Island, according to a person close to the sale.
Bloomberg News has reported that the person said the so-called non-deal roadshow will start on Monday.
Governments sell bonds as a way of borrowing money. Government’s debt has skyrocketed over the past two years, to approximately $850 million.
For full story see the Business section in Monday’s Royal Gazette.
