New Issue: Bahrain Mumtalakat sells $750 million 5% notes due 2015 at mid-swaps plus 300 bps

By Christine Van Dusen

Atlanta, June 23 - Bahrain Mumtalakat Holding Co. priced $750 million 5% notes due June 30, 2015 at 99.077 to yield 5.212%, or mid-swaps plus 300 basis points, according to an informed market source.

Deutsche Bank, HSBC, JPMorgan and Standard Chartered were the bookrunners for the Regulation S-only deal, which was talked to yield 5 3/8%.

Bahrain Mumtalakat Holding is the Kingdom of Bahrain's wealth fund.

Issuer:	Bahrain Mumtalakat Holding Co.
Issue:	Notes
Amount:	$750 million
Maturity:	June 30, 2015
Bookrunners:	Deutsche Bank, HSBC, JPMorgan, Standard Chartered
Coupon:	5%
Price:	99.077
Yield:	5.212%
Spread:	Mid-swaps plus 300 bps
Trade date:	June 23
Settlement date:	June 30
Distribution:	Regulation S only
Price talk:	5 3/8%

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