Haya Rashed Al Khalifa advises Bahrain Mumtalakat Holding Company B.S.C. (c) in a 20 year RM3,000,000,000 medium-term Sukuk Programme Issuance
August
2012
Haya Rashed Al Khalifa Attorneys have advised Bahrain Mumtalakat Holding Company B.S.C. (c) in the issuance of RM3,000,000,000 medium-term sukuk programme in Malaysia. This issuance secured a strong investment grade rating of "AA2" from RAM Ratings and the proceeds are partly to be used in managing Mumtalakat’s long-term refinancing profile.
Established in June 2006, Mumtalakat has a portfolio of 29 commercial enterprises that consist of strategic non-oil and gas- related assets that are significant contributors to the economy of Bahrain and directly and indirectly support many other domestic and regional businesses.
The Haya Rashed Al Khalifa team was led by partner Ronald Langat assisted by senior associate Elie Yazbeck.