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The Kingdom of Bahrain, acting through the Ministry of Finance and National Economy has mandated BNP Paribas, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, J.P. Morgan, Mashreq, and National Bank of Bahrain as joint lead managers and joint bookrunners to arrange a series of fixed income investor calls.
A RegS/144A US dollar–denominated benchmark fixed-rate transaction, consisting of a long 8‑year sukuk under Bahrain’s Trust Certificate Issuance Programme and a 12‑year bond issued under Bahrain’s Global Medium Term Note Programme, will follow, subject to market conditions.
The issuances will be listed on the London Stock Exchange, and the proceeds will be used for general purposes.
(Writing by Brinda Darasha; editing by Seban Scaria)
