APICORP mandates banks for five-year dollar bonds, document shows

The calls will start on Monday and a Regulation S five-year U.S. dollar-denominated bond deal will follow

  
U.S. dollar banknotes are pictured at a currency exchange office in Diyarbakir, Turkey, November 17, 2017. Image for illustrative purposes.

U.S. dollar banknotes are pictured at a currency exchange office in Diyarbakir, Turkey, November 17, 2017. Image for illustrative purposes.

REUTERS/Sertac Kayar

DUBAI  - Saudi Arabia-based Arab Petroleum Investments Corp (APICORP) has mandated banks to arrange investor calls ahead of a potential international bond issue, a document issued by one of the banks and seen by Reuters showed on Monday.

The calls will start on Monday and a Regulation S five-year U.S. dollar-denominated bond deal will follow, subject to market conditions.

APICORP hired BofA Securities, China Construction Bank  Citi, Emirates NBD Capital, Maybank, Nomura and Standard Chartered.

(Reporting by Yousef Saba; Editing by Edmund Blair) ((Yousef.Saba@thomsonreuters.com; +971562166204))

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