(Bloomberg) -- Gulf Finance House EC, a Bahraini
Islamic investment bank managing more than $10 billion of property
projects and assets, sold its first Islamic bonds to help finance
two regional banking ventures.
Manama-based Gulf Finance sold $200 million of five-year
bonds, known as sukuk, to investors in Asia and Europe, it said in
an e-mailed statement yesterday. HSBC Holdings Plc and Dresdner
Kleinwort Group Ltd. managed the sale with help from Emirates
Islamic Bank PJSC and Emirates Bank International PJSC.
Read more at Bloomberg Bonds News
Islamic investment bank managing more than $10 billion of property
projects and assets, sold its first Islamic bonds to help finance
two regional banking ventures.
Manama-based Gulf Finance sold $200 million of five-year
bonds, known as sukuk, to investors in Asia and Europe, it said in
an e-mailed statement yesterday. HSBC Holdings Plc and Dresdner
Kleinwort Group Ltd. managed the sale with help from Emirates
Islamic Bank PJSC and Emirates Bank International PJSC.
Read more at Bloomberg Bonds News
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