Morgan is assisting Ithmaar Bank with its capital-raising plans for the mandatory convertible
18 (BNA) -- ITHMAAR BANK PLANS TO RAISE UP TO 500 MILLION DOLLARS THROUGH A COMBINATION OF A RIGHTS ISSUE, A MANDATORY CONVERTIBLE
SUKUK AND AN EQUITY LINE OF CREDIT, OFFICIALS ANNOUNCED YESTERDAY AND PUBLISHED BY THE GULF DAILY NEWS.
The company commences today two offerings totaling US$4 billion of common stock and non-cumulative mandatory convertible
Regions Financial Corporation (NYSE: RF) has announced the launch of public offerings of USD1bn of its common shares and USD250m of new mandatory convertible
The mandatory convertible
preferred shares will convert into a variable number of shares of Regions common stock on December 15, 2010, unless earlier converted at the option of a holder or Regions.
375% Mandatory Convertible
Preference Shares, Series A, which will be payable in cash on April 1, 2015 to holders of record of such mandatory convertible
preference shares at the close of business on March 15, 2015.
Pro forma financial effects of Mandatory Convertible
Bank Muscat, has proposed a 45 per cent dividend for the year 2014, 25 per cent in cash, five per cent as bonus shares and 15 per cent in the form of mandatory convertible
Muscat: Bank Muscat has proposed a 40 per cent dividend for the year ended 2013 -- 25 per cent in cash and 15 per cent in the form of mandatory convertible
50% Series A mandatory convertible
preferred stock in an amount equal to $1.
para]]Board also declares dividend on Mandatory Convertible
Swiss Re also issued $500 million in mandatory convertible
instruments, which in three years will convert to Swiss Re shares, to GE.