Golomt Bank has successfully completed a USD 500 million senior unsecured bond issuance in the international capital markets. The transaction consists of a three‑year U.S. dollar–denominated bond with a fixed coupon of 7.95%, issued under Rule 144A and Regulation S formats, governed by New York law, and listed on the Singapore Exchange.
The offering was met with exceptionally strong investor demand, with total orders reaching approximately USD 2.1 billion, more than seven times the initially targeted issuance size. The order book comprised over 150 high‑quality institutional investors across the United States, Europe, Asia‑Pacific, and the Middle East, reflecting broad‑based confidence in Golomt Bank’s credit fundamentals and long‑term strategic positioning. The bonds were assigned a B+ credit rating by both Fitch Ratings and S&P Global Ratings.
Driven by strong bookbuilding dynamics and robust reverse investor enquiry, Golomt Bank elected to increase the final issuance size to USD 500 million. This upsizing meaningfully enhances secondary market liquidity, supports more efficient price discovery, expands index inclusion potential, and further diversifies the bank’s international investor base. The final pricing represents a 387.5 basis‑point reduction in yield compared with the bank’s inaugural international bond issued in 2024, underscoring the strengthening of Golomt Bank’s balance sheet, disciplined financial management, and its consistent, transparent engagement with global investors.
The transaction establishes an improved offshore funding benchmark for the bank and provides a solid foundation for future capital markets activity. It contributes to lowering the bank’s overall cost of funding, extending its liability maturity profile, and optimizing its funding mix, enhancing financial resilience and flexibility over the longer term.
As with its previous issuance, the bond has been structured to meet the eligibility requirements of leading international bond indices. This transaction also marks Golomt Bank’s second issuance under the 144A / Reg S format, facilitating direct access to U.S. Qualified Institutional Buyers and major institutional investors in developed markets, and further strengthening the bank’s global funding platform.
The deal was jointly underwritten by JPMorgan, Deutsche Bank, and KGI, acting as Global Coordinators and Joint Bookrunners, with execution delivered to the highest professional standards across structuring, pricing, and investor distribution.
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