VOL. XLV

No 16

22-April-2002

MOROCCO

Moroccos Debut Sovereign Eurobond To Set BenchmarkFor Future Borrowing

While plans for the launch of Moroccos debut sovereign Eurobond (thefirst without a third party guaranty) are only in the early stages, analystssay that if it does come to the market it will set an important benchmark for futureborrowing. Details remain sketchy and dates have yet to be announced for thestart of marketing the issue, which is expected to be around $500mn. Localpress reports...