18.06.2010 - Mumtalakat may sell $500 mln of bonds next week
From Bloomberg: Bahrain Mumtalakat Holding Co., the Persian Gulf countryís sovereign wealth fund, may sell $500 million of bonds as soon as next week in its first sale of debt overseas, according to a person familiar with the plan. The offering will depend on market conditions and proceeds will be used to refinance short-term bank loans, said the person, who declined to be identified because terms arenít set. The wealth fund is meeting with investors in Asia, the Middle East and Europe..................................................Full Article: Source
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