November 23, 2024
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Qatar Insurance to sell USD250 m convertible bond

Shareholders of Qatar Insurance Co have approved plans to sell a USD250 million (AED918 million) convertible bond to state-owned fund the General Retirement and Social Insurance Authority, local media reported on Monday. The five-year note, which can be converted after three years into shares, will represent around five per cent of the firm’s current share […]
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