From: Exit News
Albania Planning to Issue €500 Million Eurobond

The Albanian government is planning to issue its fifth Eurobond in the coming months. According to the Ministry of Finance (MoF) the value of the issue will be around €500 million.

Last week, MoF issued a request for proposal for hiring a legal consultant to assist the government in preparing in all aspects regarding the issuance. The value of the service is capped at about €182 thousands, and the deadline for submitting proposals is July 22nd.

In June 2020, Albania issued a €650 million Eurobond, with a coupon of 3.65 per cent and seven-year maturity.

The seven-year Eurobond issued in 2018 had a value of €450 million and a coupon of 3.50 percent, while in 2015 it issued a five-year €450 million Eurobond with a coupon of 5.75 per cent. Albania first issued an Eurobond in 2015, with a value of 300 million and a coupon of 7.50 percent.