|
|
Article: lmc launches arepco sukuk road shows
- Article from:
- Al Bawaba
- Article date:
- October 29, 2007
CopyrightCopyright 2007 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
|
lmc launches arepco sukuk road shows
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 will commence in Doha, State of Qatar on October
28th and end in Dubai, United Arab of Emirates on November 8th 2007.
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 share. AREPCO is ...