Thu, Jul 31, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Kuwait’s IIG says agreed with most Sukuk holders

Posted on 27 March 2012

Kuwait’s troubled Islamic investment firm International Investment Group(IIG) said on Monday it had reached an agreement in principle with most of its creditors on the main terms of its plan to restructure its $200 million exchangeable sukuk.
Negotiations are continuing with the remaining creditors, the company said in a statement. A company official contacted by Reuters, who declined to be named, said he could not elaborate on the terms or on the time frame for reaching a full agreement………………………………………..Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031