"Strife-torn Bahrain is looking to tap debt markets a week after Moody’s placed the Gulf kingdom on review for a possible downgrade.
If all goes according to plan, this will be the second time the Gulf state has raised sovereign bonds since widespread unrest struck the islands in the wake of the Arab spring.
Backed militarily and financially by its larger and financially more secure neighbour Saudi Arabia, yield-seeking bankers were keen on last July’s $1.5bn 10-year bond."
'via Blog this'
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