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Liquidity Management House and Al Tamimi and Co in ground breaking KD92m Sukuk Al-Wakala restructuring deal for First Investment

Tue, 2011-04-05 09:24 — newsdesk

92 Million Kuwaiti Dinar debt restructuring of First Investment Company was completed with success by Liquidity Management House (LMH).
This was a unique deal between FIC and its creditors, being the first that used Sukuk for the purpose of restructuring a company's existing debt obligations.
The team was made of Emad Al Monayea, Vice Chairman and CEO, Masroor Ahmed Siddiqui, Senior Vice President of Investment Banking, and Mubarak Al Refaei.

Source: 

http://www.ameinfo.com/261071.html

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