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Nogaholding names banks, sets meetings for dollar seven-year notes
By Rebecca Melvin
New York, April 30 – Bahrain’s Nogaholding has selected banks and scheduled fixed-income investor meetings for a planned U.S. dollar-denominated benchmark offering of seven-year notes, according to a syndicate source.
BNP Paribas, Citigroup, JPMorgan, Bank ABC, Gulf International Bank, HSCB, Societe Generale and Standard Chartered Bank are joint lead managers arranging a global investor call and series of meetings in London beginning on Tuesday.
A Rule 144A and Regulation S offering will follow, subject to market conditions.
Wholly owned by Bahrain, Nogaholding is the strategic investment and development arm of the sovereign’s National Oil and Gas Authority.
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