17.05.2010 - GE Capital plans another benchmark Islamic bond: Executive
From Reuters: GE Capital, a unit of General Electric Co. , plans to issue its second Islamic bond in late 2010 or in 2011, a senior executive said on Sunday. Aris Kekedjian, chief executive of GE Capital Middle East and Africa, said the Islamic bond, or sukuk, would likely be a benchmark issue. In November, GE Capital became the first large U.S. conglomerate to issue a sukuk when it raised $500 million. Kekedjian said the firm wants to become a regular sukuk issuer over time..............................................Full Article: Source
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