Noga makes first foray into bonds
Bahrain’s Oil and Gas Holding Company (Noga) is set to hit the road to market a debut 144A/Reg S dollar denominated benchmark trade with a tenor of up to 10 years, less than two years after the company made its debut in the syndicated loan market.
The state-owned company, known as Noga, has mandated Citi and JP Morgan as global co-ordinators and bookrunners.
The US banks are joined by fellow bookrunners Bank ABC, BNP Paribas, Gulf International Bank and HSBC.Noga began its roadshow in Abu Dhabi and Dubai on ...
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