Reuters: Financial Services and Real Estate: Bahrain seeks USD1.25bn by second wk June - source

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Bahrain seeks USD1.25bn by second wk June - source May 8th 2012, 08:25 Tue May 8, 2012 4:25am EDT LONDON, May 8 (IFR) - The government of Bahrain plans to issue USD1.25bn in 144a/Reg S bonds with a maturity of seven or 10 years, no later than the second week of June 2012, according to a source. The kingdom's central bank issued a request for proposals to would-be arranging banks in April. The Gulf sovereign was last in the market in November 2011 with a USD750m Reg S sukuk which priced via BNP Paribas, Citi and Standard Chartered. (Reporting by Sudip Roy; editing by Alex Chambers)

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