Corporate Banking

Foreign Capital Markets

Leader in International Capital Markets Transactions for Pakistani Issuers Foreign Capital Markets Transactions for Issuers in Pakistan: Through the development of innovative financial products and the ability to successfully tap international capital markets, Citibank has raised long term financing (in the form of GDRs, Euroconvertibles, FRNs etc.) for the Government of Pakistan and other large corporations.
These include:

Client Transaction Amount Date Citibank Role
Government of Pakistan FRN, maturing in 2000 USD 150.0 million 1996 Lead Manager
Dewan Salman Fibre Limited Convertible Bonds, maturing in 2000 Rule 144A exemption USD 45.0 million 1994 Lead Manager & Underwriter
DG Khan Equity Placement USD 20.0 million 1994 Lead Manager
Pakistan Telecommunications Company Ltd. Equity Placement and Underwriting USD 15.0 million 1994 Co-manager
Chakwal Cement Co. Limited GDR Issue USD 95.0 million 1994 Advisor and Co-Lead Manager
Dandot Cement Equity Placement USD 20.0 million 1993 Lead Manager