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Article: LMC AREPCO Sukuk Road Shows.
- Article from:
- Middle East
- Article date:
- November 8, 2007
CopyrightCOPYRIGHT 2007 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bahrain Based Liquidity Management Centre BSC(c) ("LMC"), the Mandated Lead Arranger and Emirates Islamic Bank, the Co-Arranger & Senior Lead Manager are pleased to announce the road show of Al Ahlia Real Estate Projects Company ("AREPCO") Equity Investment Sukuk Offering.
The Road Shows commenced in Doha, State of Qatar on October 28th and ended in Dubai, United Arab of Emirates on November 8th 2007 at Shangrila Hotel. The two year Sukuk is an Equity Investment Sukuk, with an 8% profit rate payable semi-annually.
The Sukuk is being issued to invest in and acquire up to 49% of the outstanding equity in AREPCO at a USD equivalent of KD 0.325 Fils per ...