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GFH place second US$100 mln convertible murabaha facility with Deutsche Bank

Posted on 16 November 2009

From Albawaba.com: Gulf Finance House (GFH), the leading Middle Eastern Islamic investment bank announced it has signed an agreement today with Deutsche Bank for the placement of its second US$ 100 million convertible murabaha facility.
The announcement is the latest success in the broader GFH liquidity and capital management plan that includes rights issue subscriptions of over US$ 300 million dollars, the partial sale of Qinvest to Qatar Islamic Bank for approximately US$ 51 million and the planned placement of the first US$ 100 million convertible murabaha with Macquarie Group……………………..Full Article: Source

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