VOL. XL
No. 45
10-November-1997
BAHRAIN
Commercial Facilities Bond Issue
The fledgling bond markets of the Gulf received a fillip with the news that the BahrainCommercial Facilities Company is to offer BD7mn ($18.6mn) in three-year floating ratenotes (FRNs). The offering, which will be listed on the Bahrain Stock Exchange, is beingunderwritten by Bank of Bahrain and Kuwait and will be open for public subscription laterthis month. The issue is a rollover by Bahrain Commercial Facilities of a...
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