• Home
• Bahrain
• News Article

Nov 02 2015

more articles from

Photo Credit:Reuters/Arnd Wiegmann

LONDON, Nov 2 (IFR) – The Kingdom of Bahrain has mandated
Bank ABC, BNP Paribas, Citigroup and JP Morgan for a potential
Eurobond, according to sources.

The sovereign is likely to want to issue in US dollars,
according to one source. The timing of any new deal is not
known.

Bahrain is rated Baa3 by Moody’s and BBB- by both Standard
Poor’s and Fitch.

The banks declined to comment.

(Reporting by Sudip Roy; editing by Alex Chambers)
((sudip.roy@thomsonreuters.com; +44 20 7542 4617; Reuters
Messaging: sudip.roy.thomsonreuters.com@reuters.net))

© Copyright Zawya. All Rights Reserved.