Bahrain's Batelco mandates two banks for dollar notes, roadshow

By Christine Van Dusen

Atlanta, April 22 - Bahrain Telecommunications Co. BSC (Batelco) has tapped BNP Paribas and Citigroup as the bookrunners for a Regulation S-only offering of dollar-denominated notes, a market source said.

A roadshow will begin Tuesday in Abu Dhabi and Dubai and travel to Singapore and Hong Kong before concluding on Thursday in London.

The Bahrain-based telecommunications operator is 78% owned by the Kingdom of Bahrain.

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