Bahrain taps 2028 dollar bond

Bahrain taps 2028 dollar bond
Published: 21 February 2017 - 12:50 p.m.
By: Reuters

The Kingdom of Bahrain announced on Tuesday a tap of up to $600 million of its existing 144 A/REG S bond maturing in 2028, according to a document issued by the banks leading the transaction.

Initial pricing guidance for the tap is in the 6.85 percent area. The bond is expected to price later on Tuesday.

Bank ABC, BNP Paribas, Credit Suisse, JP Morgan and Standard Chartered are the bookrunners.

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