Bank of Sharjah OGM approves major bond issue

 

Abu Dhabi-Mubasher: Bank of Sharjah’s (BOS) ordinary general meeting (OGM) approved the issuance of senior unsecured bonds worth a total of $1.5 billion, of which $500 million of unsecured bonds were issued in 2015.

The OGM also endorsed the amendments to the company’s articles of association to be in accordance with the UAE’s new commercial companies law, according to a filing to the Abu Dhabi Securities Exchange (ADX).

Mubasher Contribution Time: 01-May-2016 13:08 (GMT)
Mubasher Last Update Time: 01-May-2016 13:08 (GMT)