May 6, 2020 / 9:08 AM / 20 days ago

Bahrain hires banks for potential dual-tranche dollar bonds - sources

DUBAI, May 6 (Reuters) - Bahrain has hired banks for a potential dual-tranche dollar bond issuance, consisting of 4-1/2-year sukuk and 10-year conventional bonds, three sources said.

Bahrain hired Bank ABC, Gulf International Bank, HSBC, JPMorgan, National Bank of Bahrain and Standard Chartered to arrange investor calls, to be followed by a benchmark deal subject to market conditions, the sources said. (Reporting by Yousef Saba; Editing by Alex Richardson)

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