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Bahrain gives guidance for benchmark taps of 2021, 2026 dollar bonds
By Christine Van Dusen
Atlanta, Feb. 16 – Bahrain set initial talk for benchmark-sized taps of its $700 million bonds due in 2021 and its $800 million notes due in 2026, a market source said.
The 2021s were talked at a yield in the 5 7/8% area, and the 2026s were talked at a yield the 7½% area.
Bank ABC, BNP Paribas, Citigroup, HSBC and JPMorgan are the bookrunners for the Rule 144A and Regulation S deal.
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