Gulf Finance House opens subscription for US$302 million private placement for Legends
The Bahrain-based Gulf Finance House (GFH), one of the leading providers of Islamic investment and commercial banking services in the region, recently opened subscriptions to its US$302 million private placement exercise to finance the first phase of its US$3.8 billion mixed-use entertainment project – Legends – which was unveiled in Dubai last month. Making an official announcement in this regard, a top executive of the bank said that the private placement exercise has come at a time when the project....