GIB picks banks for benchmark bond roadshow
Bahrain-based Gulf International Bank has mandated five banks to help it arrange roadshows for a potential benchmark dollar bond. Barclays, JP Morgan, National Bank of Abu Dhabi, Standard Chartered and Societe Generale are conducting the investor meetings along with GIB itself.
These began on Wednesday in Abu Dhabi and Dubai, visit Singapore on Thursday, Hong Kong Friday and finish in London on Monday, December 3.
The bond will be issued under GIBs recently established $4bn medium term notes programme. Proceeds will be used for general corporate purposes.
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