Mumtalakat launches $750m five-year bond lead

24 June 2010

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.

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