Sun, Mar 29, 2015
A A A
Welcome bhaimia
RSS

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

Burgan Bank issues $400 mln 10-year bond

Posted on 24 September 2010

From Reuters: Burgan Bank, the commercial banking arm of Kuwait Projects Co (KIPCO), raised $400 million in a heavily oversubscribed sale of 7.875 percent 10-year bonds.
The proceeds will “strengthen the bank’s business locally as well as supporting its expansion strategy which has primarily targeted high growth markets in the MENA (Middle East and north Africa) region,” chairman Majed Eisa al-Ajeel said on Thursday……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« May    
 1
2345678
9101112131415
16171819202122
23242526272829
3031