DUBAI, July 15 (Reuters) - Emirates Strategic Investments Co, a firm owned by Sheikh Mansour bin Zayed al-Nahyan, a member of Abu Dhabi's royal family, has hired banks to arrange investor meetings ahead of a debut U.S. dollar-denominated sukuk issuance, a document showed.
Rated Baa3 by rating agency Moody's, the company, which has
a portfolio of assets across different sectors in the United
Arab Emirates, has hired Standard Chartered
The two lenders have also been mandated as joint lead
managers along with Bank ABC
The planned deal will be a benchmark transaction, which generally means a size of more than $500 million, and is part of a $1 billion issuance programme.
Investor meetings will take place in Singapore, Hong Kong, UAE and London, starting on July 17, the document showed.
Sheikh Mansour is the owner of English football club Manchester City.
(Reporting by Davide Barbuscia; Editing by Saeed Azhar and Kirsten Donovan) ((Davide.Barbuscia@thomsonreuters.com; +971522604297; Reuters Messaging: email@example.com))