Tag Archives | Franklin Templeton

Iraq Bondholders Eye Default Risk

By John Lee. The escalating conflict in Iraq is making holders of the country's international debt nervous about repayment, according to a report from Reuters. The size of Iraq's dollar debt is relatively small - a $2.7 billion bond launched in 2006 in a restructuring of Saddam Hussein-era commercial debt. It is held by investors […]

Zain Hires Team to Lead IPO

By John Lee. Mobile operator Zain has hired┬áMelak Investments and Rabee Securities as the leading adviser and broker to lead the initial public offering (IPO) of its shares. According to a report from The National, Melak Investments is run by the Iraq-born former Franklin Templeton asset manager Shwan Taha, who also founded Rabee Securities. Last […]