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Gulf General Investment plans USD benchmark bond sale

Sentiment across the Middle East and in Gulf Arab states in particular has improved markedly over the past two month or so

The United Arab Emirates' Gulf General Investment, or GGICO, has mandated Deutsche Bank, HSBC and Standard Chartered Bank to act as joint lead managers and bookrunners on its planned US dollar, benchmark bond sale, a person familiar with the deal said on Sunday.

"An investor roadshow will commence on November 2 covering the Middle East, Asia and Europe," the person, who declined to be identified, told Dow Jones.

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