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Top related persons:
Yousef Saba - 1 Omar Abdel - 1 Mark Potter - 1
Top related locs:
Bahrain Britain
Top related orgs:
Bahraini - 1 GFH Financial - 1 Osool Asset Management - 1 Thomson - 1

Search resuls for: "GFH Financial"


2 mentions found


☆ Bahrain signs deals to invest $1.3 bln in UK economy
  + stars: | 2023-07-03 | by ( ) www.reuters.com   time to read: 1 min
July 3 (Reuters) - Bahrain has signed a memorandum of understanding for strategic investments and collaborations with Britain that will see the Gulf state's private sector invest 1 billion pounds ($1.3 billion) in Britain, the Bahraini crown prince's social media account said on Monday. The investments will be through Bahraini sovereign wealth fund Mumtalakat, Investcorp, GFH Financial Group, and Osool Asset Management, the twitter account of the crown prince of Bahrain said. ($1 = 0.7881 pounds)Reporting by Yousef Saba and Omar Abdel-Razek Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons: Yousef Saba, Omar Abdel, Mark Potter Organizations: Bahraini, GFH Financial, Osool Asset Management, Thomson Locations: Bahrain, Britain
☆ Emirates REIT proposes new sukuk refinancing, ad hoc group gives nod
  + stars: | 2022-11-14 | by ( Yousef Saba | ) www.reuters.com   time to read: +2 min
Fitch had downgraded Emirates REIT by several notches after it made the exchange offer. It is offering sukuk holders, for each $1,000 in face amount of their sukuk, $950 in face amount of new notes and $50 in cash. Emirates REIT needs 75% of its creditors to consent to the proposal to exchange the outstanding unsecured sukuk with secured ones. The group includes Arkkan Capital Management Limited, Rasmala Investment Bank Limited, GFH Financial Group, Sancta Capital, SC Lowy Primary Investments, Plenisfer Investments, Emirates NBD Asset Management, Shuaa Capital and Saray Capital. The group said it had been in talks with Emirates REIT for several months "to reach agreement on transaction terms that would provide satisfactory structural protections and economic returns for the holders of the new secured certificates".
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