Mongolian US$350 million bond issue enhances country’s reputation among investors

ULAAN BAATAR, Mongolia, Dec. 1, 2023 /PRNewswire/ — On November 28, Mongolia priced a debt management exercise, funding a tender and the redemption of the US$392.6 million bonds maturity in March 2024. The objectives of the transaction were to (i) address near-term maturities, (ii)…