Bloomberg News

Development Bank of Mongolia Said to Consider Dollar Bond Sale

March 05, 2012

The Development Bank of Mongolia LLC hired Deutsche Bank AG, HSBC Holdings Plc (HSBA) and ING Groep NV to help arrange a series of credit investor meetings from March 8, according to a person familiar with the matter.

The company may consider a Reg S sale of U.S. dollar- denominated bonds thereafter subject to market conditions, the person said, asking not to be identified because the details are private. The Development Bank of Mongolia is wholly-owned by the government of Mongolia, the person said.

To contact the reporter on this story: Rachel Evans in Hong Kong at revans43@bloomberg.net

To contact the editor responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net


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