| 21.05.2012 - Gulf Finance says obtains approval for Sukuk restructuring |
| Gulf Finance House (GFH), a Bahraini investment bank implementing a recapitalization plan, said it obtained approval from sukuk holders to restructure $110 million of debt. Holders of the Islamic bonds agreed to extend the maturity to June 2018, with a two-year grace period for the principal repayment amount in 2012 and 2013, the lender said..............................................Full Article: Source |