01.08.2012 - Bahrain plans $1bln bond issue in Malaysia
Bahrain Mumtalakat Holding Company plans to raise around $1 billion in an Islamic bond issue on the Malaysian stock market in one of the first fundraising exercises carried out by a Middle East organisation in the South Asian markets. It will issue 20-year Islamic bonds or sukuk worth three billion Malaysian ringgit ($954 million) shortly. Part of the proceeds are expected to be used to pay off existing debt as it matures...............................................Full Article: Source
Print