Hedge Funds & Alternative Investments
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Gulf Finance Says Obtains Approval for Sukuk Restructuring
Gulf Finance House E.C., a Bahraini investment bank implementing a recapitalization plan, said it obtained approval from sukuk holders to restructure $110 million of debt. Holders of the Islamic bonds agreed to extend the maturity to June 2018, with a two-year grace period for the principal repayment amount in 2012…
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Click here to read the full story: Bloomberg