VOL. XLII

No. 29

19-July-1999

TUNISIA

Tunisia To Issue Euro-Denominated Eurobond

Tunisia is scheduled to issue a euro-denominated Eurobondthis month in a bid to restructure the countrys existing debt and expand itsinvestor base. The offering, which is expected to be between euro 150mn and250mn ($166mn277mn), will be managed by Merrill Lynch and Morgan Stanley,according to bankers in the region. A spokeswoman for Merrill Lynch said thebank was unable to comment on the offering until the deal...