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BAHRAIN: MOODY'S SAYS INVESTCORP'S PREFERENCE SHARE ISSUE IS POSITIVE.

Publication: IPR Strategic Business Information Database
Publication Date: 04-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Moody's Investors Service today said that the announcement by Investcorp Bank BSC ("Investcorp") that it had raised more than US$500.0 million in new preference shares is a positive development for the bank. According to Moody's, this represents the successful completion of Investcorp's capital-raising efforts which were initiated in Q4...

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