Manama, 16 April 2007 -
B.S.
C.(c), a leading international investment firm headquartered in Bahrain, is pleased to announce that having generated a total demand of more than US$1.3 billion for its five year Syndicated Murabaha Facility, the issue was increased in size from its initial target amount of US$500 million and has closed at US$1.
1 billion.
seeks alternative investments in the Middle East, the United States, Europe and Asia, and to date, has completed investments with a total transaction value of over US$18.
3 billion in its four lines of business: corporate investment, real estate investment, asset-based investment and venture capital.
Commenting on the closure of the Facility, Atif A. Abdulmalik, CEO of , said, "Over 80% of the demand for this Murabaha came from outside the Middle East, illustrating the broad acceptance of Islamic instruments within the global capital markets. It allows us to benefit from a deep pool of lower cost capital as we continue to expand our business globally. We are particularly pleased with the quality and diversity of participation in the offer, which represents broad endorsement for
's track record and its growing global activities in its main markets.
