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Bahrain plans to issue seven-year sukuk, 12-year notes
Chicago, Feb. 6 – The Kingdom of Bahrain acting through the Ministry of Finance and National Economy is in the market with a two-part dollar-denominated benchmark debt offering that will include a seven-year senior sukuk and a 12-year senior note tranche, according to a notice.
The issuer will be CBB International Sukuk Program Co. WLL.
The notes will trade in London.
J.P. Morgan Securities plc, National Bank of Bahrain, HSBC, Standard Chartered Bank, Arab Bank Corp., Dubai Islamic Bank PJSC, Mashreq Bank, Citi, ENBD and First Abu Dhabi Bank PJSC are bookrunners.
The notes will trade on the London Stock Exchange.
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