Ethiopia appoints banks for non-deal road shows

Addis Ababa, 14 September, 2015 (WIC)-Ethiopia has appointed Lazard as financial adviser to arrange a series of fixed income investor meetings for a non-deal road show in the UK and the US with the assistance of Deutsche Bank and JP Morgan.

The meetings are scheduled to take place in London on September 22 and 23, New York on September 24 and Boston on September 25.

Ethiopia’s delegation will consist of Sufian Ahmed, Minister of Finance and Economic Development (MoFED) and Fisseha Aberra , Director of International Financial Institution Cooperation Directorate of MoFED.

Ethiopia is rated B1 by Moody’s and B by both Standard & Poor’s and Fitch. (Reuters)