Thani Investments Bond Sale
Thani Investments plans to sell $100 million of Islamic bonds in June for general corporate funding purposes, co-lead arranger Bahrain's Liquidity Management Centre (LMC) said.
Emirates Islamic Bank, a unit of Emirates Bank International, and the LMC have been mandated to arrange the sale of the five-year Islamic bonds, or sukuk, LMC said in a statement.
The bonds will be priced at 2.5 per cent over the six-month London interbank offered rate, LMC said. (Reuters)
Emirates Islamic Bank, a unit of Emirates Bank International, and the LMC have been mandated to arrange the sale of the five-year Islamic bonds, or sukuk, LMC said in a statement.
The bonds will be priced at 2.5 per cent over the six-month London interbank offered rate, LMC said. (Reuters)
end post
Labels: Banking
posted by bizzwhizz at 1:11 PM
0 Comments:
Post a Comment
<< Home