ZAWYA-NEWS: Bahrain mandates banks for USD long 8 year sukuk and 12 year bond
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Bahrain has mandated several banks, including BNP Paribas and HSBC, to arrange fixed income investor calls for a USD long 8-year sukuk and a 12-year bond. The transactions will be benchmark fixed-rate issuances under Bahrain’s Trust Certificate Issuance Programme and Global Medium Term Note Programme, respectively, and will be listed on the London Stock Exchange. Proceeds will be used for general purposes, subject to market conditions.
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