The Gulf Daily News reports (presumably based on an announcement we'll see published Sunday when the Bahrain Stock Exchange opens) that GFH is involved in negotiations with the holders of its US$100 million facility to push forward next month's US$50 million maturity - presumably again the request is for at least six months.
GFH has engaged the Bahrain-based Liquidity Management Centre to help it in negotiations with the lenders, who are reported to be four regional Islamic banks.
LMC is an Islamic financial institution whose mission is to help Islamic banks manage their liquidity in a Shari'ah compliant way. It's equally owned by four major Islamic financing institutions: Dubai Islamic Bank, The Islamic Development Bank, Bahrain Islamic Bank and Kuwait Finance House. Wonder if any of them are creditors?
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