Mumtalakat Hires Banks For Potential Dollar Sukuk Issue

Bahraini sovereign fund Mumtalakat (BBB from S&P/Fitch) has hired BNP Paribas, Deutsche Bank, MUFG and StanChart to arrange a series of fixed income investor meetings starting on Thursday, Nov. 13.

A Reg S U.S. dollar-denominated sukuk transaction may follow subject to market conditions.

Roadshows start in Kuala Lumpur on Thursday before moving to Singapore on Friday, Abu Dhabi and Dubai on Sunday before closing in London on Monday, Nov. 17.