04.11.2014 - Bahrain fund Mumtalakat sets up $1 bln bond, sukuk programmes

Bahraini sovereign fund Mumtalakat has set up separate bond and sukuk issuance programmes in the Irish stock exchange to raise as much as $1 billion, to help refinance maturing debt next year. One of the smaller sovereign wealth funds in the Gulf region, Mumtalakat holds stakes in several firms in the kingdom's non-oil sector, including Bahrain Telecommunications Co and Aluminium Bahrain...............................................Full Article: Source

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