State-owned Oil and Gas Holding Company (Nogaholding), which controls Bahrain’s key oil and gas subsidiaries, has raised a 10-year $1bn debut bond which has attracted order books of $2.6bn. The issue was priced at 7.25%, slightly tighter than the initial pricing of 7.50%. It follows the government’s raising of a $3bn three-tranche international bond in September (MEES, 22 September). The joint lead managers and bookrunners of the $1bn deal are Citi, JP Morgan, Bank ABC, BNP...
Bahrain’s Nogaholding Raises $1bn
Published on Fri, 27 Oct 2017 - Volume: 60 Issue: 43Print
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