DUBAI, March 31 (Reuters) - Bahrain's National Oil and Gas
Holding Company (NOGA Holding) is expected to sell $500 million
in eight-year sukuk, or Islamic bonds, on Wednesday, a document
from one of the banks on the deal showed.
NOGA, wholly owned by the Bahraini government, gave initial
price guidance of 5.75%-5.875% for the sukuk, which are expected
to launch later on Wednesday.
Gulf International Bank, HSBC, JPMorgan and
BNP Paribas are arranging the deal.
(Reporting by Yousef Saba, editing by Louise Heavens)