DUBAI, May 15 (Reuters) - Bahrain's nogaholding has
hired banks to arrange a sale of benchmark-size Islamic bonds
denominated in U.S. dollars with a tenor of seven or 10 years, a
bank document showed on Monday.
Bank ABC, Citi, FAB, HSBC, JP Morgan & National Bank of
Bahrain will arrange investor calls, including a global investor
call on Monday, the document on the planned debt sale showed.
Earlier on Monday, nogaholding made a tender offer to buy
back existing bonds due next year for cash, conditional on the
new debt issuance.
(Reporting by Yousef Saba, Editing by Louise Heavens)
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