DUBAI, July 17 (Reuters) - Saudi Arabian food and beverage company Almarai has hired banks to arrange a sale of U.S. dollar-denominated Islamic bonds, an investor presentation showed on Monday.
HSBC and Standard Chartered are global coordinators, joined by Citi, Dubai Islamic Bank and JPMorgan as joint lead managers and bookrunners, the presentation seen by Reuters said.
They will hold investor calls starting on Monday, news service IFR said.
A sale of 10-year sukuk of benchmark size - typically at least $500 million - will follow, subject to market conditions. (Reporting by Yousef Saba Editing by David Goodman)