Bloomberg News

Barwa Bank to Sell Sukuk in 2013 After Credit Rating, CEO Says

October 10, 2011

Oct. 10 (Bloomberg) -- Barwa Bank, a unit of Barwa Real Estate Co., plans to sell Islamic bonds in 2013 after the lender gets a credit rating, Chief Executive Officer Steve Troop said.

The size of the sukuk will be determined in line with market conditions at the time of the sale, he said in an interview in Doha today.

To contact the reporter on this story: Amir Ibrahim Ali Shabana in Dubai at ashabana@bloomberg.net

To contact the editor responsible for this story: Inal Ersan at iersan@bloomberg.net


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus