Bank of Sharjah mandates banks for senior unsecured dollar bond -document

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, Feb 24 (Reuters) - Bank of Sharjah hired banks to arrange a series of fixed income investor meetings ahead of a planned issue of five-year dollar-denominated bonds, a document issued by one of the banks showed. The Abu Dhabi-listed lender, which is 17.2% owned by the government of the emirate of Sharjah, has appointed Abu Dhabi Commercial Bank, Bank ABC, Credit Agricole CIB, Emirates NBD Capital, First Abu Dhabi Bank, JPMorgan and Mashreq to arrange meetings in the Middle East, Asia and Britain starting on Feb. 27. A five-year dollar-denominated senior unsecured bond would follow, subject to market conditions, it said.
(Reporting by Hadeel Al Sayegh; Editing by Alex Richardson)

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