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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Abu Dhabi’s Dana Gas hiring advisor on $1bln Sukuk due in 2012

Posted on 01 February 2011

Ahmed Al Arbeed From Zawya Dow Jones: Dana Gas, the U.A.E.-based oil and gas production and exploration firm, is looking at options for its $1 billion Islamic bond, or sukuk, due in 2012, and is hiring an advisor on “liability management,” its chief executive officer said Monday.
“The sukuk is a particular focus area for us in 2011,” Ahmed Al Arbeed said on a post-earnings conference call. “We have outlined different options,” Al Arbeed said, declining to provide further detail……………………………………….Full Article: Source

 
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