Gulf International Bank (GIB), a lender majority owned by the Saudi Arabian government, has picked six banks to arrange investor meetings ahead of a potential benchmark-sized, dollar bond, lead arrangers said on Tuesday.
Bahrain-based GIB picked itself, as well as JP Morgan Chase Inc, National Bank of Abu Dhabi, Barclays Plc, Standard Chartered Plc and Societe Generale to arrange the deal, it said.
Benchmark-sized deals are typically at least $500 million in size.
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