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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Mumtalakat ups airplane finance on strong demand

Posted on 24 July 2009

From Reuters: Bahrain’s sovereign wealth fund Mumtalakat extended the aircraft refinancing it sought for Gulf Air to three airplanes from two initially planned due to strong investor demand, one of the lead arrangers said on Thursday.

“From the outset they planned to finance two planes, but increased it to three due to strong demand,” Ahmed Abbas, chief executive of Bahrain-based Islamic investment bank Liquidity Management Center (LMC) told Reuters………..Full Article: Source


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