Wednesday, May 9, 2007

Al-Imtiaz Hires Liquidity Management Centre for Sale of Islamic Bonds

(Bloomberg) -- Al-Imtiaz Investment Co., a Kuwait- based Islamic financial firm, hired Liquidity Management Centre BSC to help sell as much as $150 million of Islamic bonds.

Liquidity Management, or LMC, in Bahrain, will now seek to form a group of banks to underwrite the three-year securities, known as sukuk, it said in a statement posted on Dubai-based business Web site Ame Info today.


Read more at Bloomberg Bonds News

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