23.07.2012 - Bahrainís Mumtalakat has no plans to sell new debt, Alayam says
Bahrain Mumtalakat Holding Co. BSC, the Island-Kingdomís sovereign wealth fund, doesnít 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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