Tue, Sep 2, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

NREC eyes Islamic bonds

Posted on 01 June 2011

Kuwait’s National Real Estate Co. (NREC) is looking to sell conventional or Islamic bonds to reschedule debt, its chief financial officer said. NREC, which owns a 22.4 percent stake in Kuwaiti logistics firm Agility, is also trying to sell some of its non-core investments to reschedule 200 million dinars ($727 million) of debt, Ahmed Harfoush told Reuters in an interview late on Monday.
He said that the firm is in talks with consultants about a bond sale but said the project was still at the early stages……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930