Mongolian private and public borrowers return to global bond markets with rapid-fire deals
Bogd Bank has increased its debut international notes to $100m, while the Development Bank of Mongolia has expanded its new bond to $750m, highlighting growing offshore investor interest in the frontier market.
Bogd Bank has returned to the international debt market around six weeks after its debut, raising an additional $25 million through issuing senior notes due June 2029 and increasing the aggregate principal amount outstanding to $100 million.
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