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Published on 10/24/2012 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

New Issue: Bahrain's Investcorp prices $250 million 8¼% five-year notes at par

By Christine Van Dusen

Atlanta, Oct. 24 - Bahrain's Investcorp SA priced $250 million five-year notes (Ba2//BB) at par to yield 8¼%, a market source said.

The notes priced in line with talk, set at the 8¼% area.

Bank of America Merrill Lynch, Citigroup, Credit Suisse, ING, JPMorgan and RBS were the bookrunners for the Rule 144A and Regulation S deal.

Investcorp is an investment company based in Bahrain.

Issuer:Investcorp SA
Amount:$250 million
Maturity:Nov. 1, 2017
Description:Notes
Bookrunners:Bank of America Merrill Lynch, Citigroup, Credit Suisse, ING, JPMorgan, RBS
Coupon:8¼%
Price:Par
Yield:8¼%
Trade date:Oct. 24
Settlement date:Nov. 1
Ratings:Moody's: Ba2
Fitch: BB
Distribution:Rule 144A and Regulation S
Price talk:8¼% area

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