Bank of Sharjah seeks shareholder nod for USD1.5 bn bond programme
Bank of Sharjah (BOS.AD) is seeking shareholder approval for the issuance of bonds worth up to USD1.5 bn, the lender told the bourse on Wednesday. Agreement will be sought at a shareholder meeting to be held on 30 April, the statement showed. Any bond issuance will be subject to a board resolution on the matter and securing approval from relevant authorities, it added. (Reuters)
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