Batelco Seeks to Raise Bond
Batelco Group (Ticker: BATELCO), the international telecommunications company with operations across 16 geographies, announced that it has mandated 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 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 22nd April, 2013. The bonds would be listed on the Irish Stock Exchange from May 2013.
This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in any jurisdiction. A detailed prospectus outlining the potential bond offering will be issued in due course.