Tamweel hire banks for likely bond sales

Posted by on Dez 12th, 2011 and filed under Islamic Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Tamweel hired banks for a possible bond sale as it looking for financing to repay liabilities and increase lending. The shares presented a jumprecord in a month.
Citigroup, Standard Chartered and Dubai Islamic Bank will make appointments for investor meetings in Asia, Europe and the United Arab Emirates.
Tamweel plans to raise at least $300 million to $500 million from Islamic bond sale in the fourth quarter.


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