Complaints about lack of transparency on the Malaysian government’s award of the mandate for its euro-denominated bond issue have been dismissed by participants in the deal.
Though formal invitations to bid were not circulated, the issue was “no big secret”, says a Deutsche Bank source, who adds: “Everyone had ample time to respond.”
Deutsche Bank and Barclays Capital were joint lead managers, while co-managers were ABN Amro Bank, CIMB bank, Dresdner Kleinwort Benson, HSBC, JP Morgan and Schroder Salomon Smith Barney.
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