| 12.03.2010 - Ithmaar Bank starts rights issue to fund expansion |
| From Businessweek.com: Ithmaar Bank BSC of Bahrain plans to start tomorrow issuing rights worth $200 million to fund an expansion of its operations, according to a company statement. “The rights issue is part of a capital raising initiative, which includes a Mandatory Convertible Sukuk, designed to raise a total of up to $400 million,” said the statement e-mailed today..........................................Full Article: Source |