Deutsche beats ING Barings to Romania mandate

Deutsche Bank has snatched a mandate to manage Romania's return to the international bond markets out from under the nose of ING Barings.

Romania will issue a €100m ($86m) three-year bond and is hoping to pay a yield of about 11%. Deustche Bank and Romanian government officials will launch the deal on September 15.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line