Sat, Jan 31, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials

Bahrain sovereign fund Mumtalakat signs $250 mln loan refinancing

Posted on 03 September 2013

Bahrain sovereign fund Mumtalakat said on Monday it had signed a $250 million loan to help refinance part of a larger five-year facility.
The revolving credit facility covers about half of a $500 million five-year loan which the fund had signed in August 2008. The other half had been partly repaid and partly refinanced over the past two years, the fund said in a statement. The loan forms part of Mumtalakat’s overall financing and funding strategy, Mahmood Al Kooheji, CEO of Mumtalakat, said in the statement………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15635 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031