Monday 11, September 2017 by Nabilah Annuar

Bahraini government mandates National Bank of Bahrain for bond issuance

National Bank of Bahrain (NBB) confirms its participation as lead manager for the Kingdom of Bahrain’s multi-tranche transaction.

In a statement to the Bahrain Bourse, NBB has confirmed that it has been mandated by the Kingdom of Bahrain along with BNP Paribas, JP Morgan, Citi and Gulf International bank as lead managers for the A 144A/RegS US dollar multi-tranche benchmark transaction, consisting of long seven-year Sukuk, 12 years and/or 30-year bond that could follow.

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