Friday, 12 February 2010

Mashreq Seeks to Raise Size of Euro-Medium Note to $5 Billion



Mashreqbank PSC, the United Arab Emirates lender owned by billionaire Abdul Aziz al-Ghurair, plans to seek shareholders approval to raise the size of its euro medium-term notes program to $5 billion from $2 billion.

The lender has scheduled an extra-ordinary general assembly meeting in Dubai on March 7 for the approval, it said in a statement to the Dubai bourse today.END

No comments:

Post a Comment