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GIB raises $ 500m through bond issue

  • Bahrain: Tuesday, December 11 - 2012 at 04:39

Gulf International Bank (GIB) has announced the successful completion of its senior unsecured $500m, five-year debut issue under its $4bn Euro Medium Term Note Programme, Arab News has reported. The joint book runners for the offering were Barclays, GIB Capital, JPMorgan, National Bank of Abu Dhabi, Societe Generale CIB and Standard Chartered Bank. The Public Investment Fund of Saudi Arabia is GIB's major stakeholder (97.2%)

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