EDC looks set to launch a $500m five year bond early next week to refinance a $500m issue that matures on April 30. It will be the Canadian crown agency's first fixed rate Eurodollar transaction since 1993. The positive response to roadshows held in Asia and Europe this week suggests that the deal, to be lead managed by Merrill Lynch and Paribas, will be warmly received.
April 24, 1998