BCFC raises BHD 20 million from the sale of new five year Conventional Bonds
Bahrain Commercial Facilities Company B.S.C. (BCFC) announced the successful issue of its BHD denominated 20,000,000 (approx. $53 million) floating rate unsecured Bonds due 2018. The Bonds were issued by way of a private placement in registered form in denominations of BHD 100 each in compliance with the CBB rules on Offering of Securities (OFS) module. The Bonds have a maturity of 5 years with interest paid quarterly.