Bahrain Mumtalakat sets banks, roadshow for dollar five-year sukuk

By Rebecca Melvin

New York, Feb. 11 – Bahrain Mumtalakat Holding Co. BSC has selected banks and scheduled fixed-income investor meetings for a dollar-denominated benchmark offering of five-year Islamic bonds, or sukuk, according to a syndicate source.

BNP Paribas, Citigroup, HSBC, National Bank of Bahrain and Standard Chartered will organize the roadshow with meetings in London, Asia and the Middle East starting on Tuesday.

Bahrain Mumtalakat is a real estate company based in Bahrain.

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