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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Bahrain’s Mumtalakat has no plans to sell new debt, Alayam says

Posted on 23 July 2012

Mahmood Hashim Al KoohejiBahrain Mumtalakat Holding Co. BSC, the Island-Kingdom’s sovereign wealth fund, doesn’t plan to sell new debt at the moment, Alayam reported, citing chief executive officer Mahmood Al Kooheji.
The fund, which manages $8.8 billion in assets, will seek to extend the repayment period on existing debt and focus on reducing debt levels, Al Kooheji told the Bahraini newspaper. The company raised $750 million from the sale of bonds in 2010………………………………………..Full Article: Source


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