Mumtalakat, Bahrain's sovereign wealth fund has launched a $750m five-year bond at 300 basis points over midswaps, Reuters has reported, citing a source at one of the arranging banks. Mumtalakat concluded its bond roadshow on Tuesday in Europe and final pricing will take place later on Wednesday, the source said.Deutsche, HSBC,JP Morgan and Standard Chartered are lead managers.
You might also like...
Saudi Arabia's Roshn launches Aldanah Dhahran project
25 April 2024
Adnoc sees project spending uptick
25 April 2024
Partanna and Saudi firm tests carbon negative concrete
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.