Friday 1 August 2014
 
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Senior Notes

BBK sets terms for $275m exchange offer

Bank of Bahrain and Kuwait (BBK) in Bahrain unveiled terms on Wednesday for its planned $275 million debt swap which will see it exchange the bonds for new senior notes due in 2018, in a bid to improve its liquidity profile. Under the

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Dubai's GGICO picks banks for notes offer

UAE conglomerate Gulf General Investments Company (GGICO) has mandated three banks to lead a benchmark-sized senior notes offering, denominated in US dollars, market sources said on Monday. HSBC, Standard Chartered and Deutsche Bank have b

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AMD to sell $500m of senior notes

Advanced Micro Devices (AMD) has agreed to sell $500 million aggregate principal amount of its 7.75 per cent Senior Notes due 2020 in a private offering, with plans to close the transaction on or around August 4. AMD estimates that the net

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