Kurdistan plans international bond pitch
<p>The Kurdistan Regional Government (KRG) is moving forward with a plan to raise money for stalled infrastructure projects by issuing bonds.</p>
KRG Prime Minister Nechirvan Barzani at a press conference in Erbil on May 1, 2013. (SOURCE: krg.org)
ERBIL - The Kurdistan Regional Government (KRG) is moving forward with a plan to raise money for stalled infrastructure projects by issuing bonds.
Deputy Prime Minister Qubad Talabani will head a delegation to meet with fixed-income investors in London next week, a KRG official said. The KRG has retained Deutsche Bank and Goldman Sachs to advise on the project, according to a KRG statement issued Monday.
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