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Batelco gets ready for roadshow
- Bahrain: Monday, April 22 - 2013 at 15:52
The Manama-based Bahrain All-Share Index closed unchanged at 1,088.14 points Monday. Bahrain Telecom, known and branded as Batelco, finished 1.62% lower at BD0.364. Earlier in the, Batelco said it has mandated banks BNP Paribas and Citigroup "to arrange a series of fixed income investor meetings in Asia, the Middle East and Europe commencing April 23, 2013." Batelco added it may launch an inaugural bond transaction with size remaining "subject to market conditions" and various financial and securities regulations, as outlined in a press release from BNP Paribas and Citigroup, on April 22 2013. "The bonds would be listed on the Irish Stock Exchange from May 2013." Batelco operates in 16 international markets.
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Gérard Al-Fil, Financial JournalistMonday, April 22 - 2013 at 15:52 UAE local time (GMT+4)
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