"Despite volatile market conditions and the threat of a two-notch downgrade by ratings firm Moody's, the Kingdom of Bahrain (BBB/BBB) is continuing to monitor markets for a possible Eurobond issuance.
The Gulf nation completed roadshows last week ahead of a possible transaction via BNP Paribas, Citigroup, Gulf International Bank and JP Morgan.
However, the roadshows coincided with a brutal day for emerging secondary markets, as traders reacted to comments from the U.S. Federal Reserve on Wednesday night."
'via Blog this'
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