Tuesday 21, January 2014 by Matthew Amlôt

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.

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