VOL. XLI

No. 19

11-May-1998

MOROCCO

Morocco Sets To Launch Debut Eurobond

Morocco looks set to tap the international debt market later this year with the launchof its long-awaited debut Eurobond. The Moroccan Government is currently negotiating withinternational banks on the structure and maturity of the bond. No other details wereavailable at MEES press time. Morocco is rated Ba1 by Moody's Investors Service andBB by Standard & Poor's.

And Plans To Sell Its Stake In BNDE

The Moroccan...