Bahrain begins marketing dual-tranche US dollar bond | Reuters:
"The Kingdom of Bahrain has begun marketing a dual-tranche US dollar-denominated benchmark-sized bond, according to a source.
The issuer is seeking to sell a January 2021 bond at a yield in the high 5% region, and a January 2026 bond at 7% area.
Bank ABC, BNP Paribas, Citigroup, HSBC and JP Morgan are running the 144A/Reg S transaction, which is expected to be as early as Tuesday's business."
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