National Bank of Egypt to Raise $600 Million in Bond Sale, Banker Says

National Bank of Egypt’s sale of five-year bonds will total as much as $600 million and may be priced to yield about 5.25 percent, according to a banker involved in the transaction. The notes are being issued through Nile Finance Ltd.

Citigroup Inc., Deutsche Bank AG and Morgan Stanley are managing the sale.

To contact the reporter on this story: Francesca Cinelli in Milan at fcinelli@bloomberg.net