12.11.2010 - First Gulf Bank delays bond offer on higher rates
From Arabianbusiness.com: First Gulf Bank, the third- largest lender in Abu Dhabi, will delay a plan to sell bonds because interest rates arenít favourable, said a spokesman at the bank. First Gulf doesnít need to borrow funds immediately and will monitor market conditions before selling debt, said the spokesman who declined to be identified, citing company policy..............................................Full Article: Source
Print