Mubasher: Bahrain has set the premium price of a dual tranche dollar-denominated bond transaction, according to a document from the arrangers.
Bahrain has revised price thoughts to the area of 5.875% on the five-year portion of the bond, the document viewed by Reuters said.
A group of banks will lead arrangement of the bonds transaction, including ABC, BNP Paribas, Citigroup, HSBC, and JP Morgan.
“Bahrain maintained its guidance on the ten year tranche in the area of seven%,” added Reuters.
