DUBAI, July 17 (Reuters) – Dubai-based GEMS Education has hired banks to arrange investor meetings ahead of a potential issuance of international bonds, a document issued by one of the banks leading the deal showed on Wednesday.
The group of banks includes Goldman Sachs, Credit Suisse, Citi, Emirates NBD Capital and HSBC.
GEMS is planning to issue $500 million and the equivalent of $300 million in euros, according to the document. (Reporting by Davide Barbuscia; writing by Maha El Dahan editing by Louise Heavens)
Source: Reuters.com © 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. “Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.Follow us: