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Gulf Finance House

Gulf Finance House repays debt holders $25m

: Saturday, August 09 - 2014 @ 09:14

Bahrain’s Gulf Finance House (GFH), announced that it has repaid $25 to debt holders marking total debt principal payments of $33m so far this year. In a statement to the Bahrain Bourse, the bank said this represents more than 15% of its total outstanding facilities, said a report in the Gulf Daily News (GDN). The repayments highlight its ongoing commitment to meeting obligations to debt holders in line with the restructuring terms concluded in 2012 and the subsequent business plan, GFH said.

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Saturday, August 9- 2014 @ 9:14 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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