GCC Daily Fixed Income Report 12-06-2012

Global Investment House Gets Debt Payment Delay From Banks- Global Investment House has agreed with bank lenders to defer payments of interest, principal and profits until at least November as it tries to work out its second debt restructuring in three years, the company said. The agreement follows a similar pact reached last week with holders of its bonds, which deferred payments on KWD95mn ($339mn) of debt until December 10.