Fri, Nov 28, 2014
A A A
Welcome bhaimia
RSS

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

Aldar will repay $1bln Sukuk say investors

Posted on 04 November 2011

Investors in Aldar Properties’ $1.1 billion sukuk, which is due on November 10, are betting the indebted developer will repay the issue even if it means more aid from Abu Dhabi which bailed the company out this year.
Aldar is limping back to recovery after posting record quarterly losses at the end of 2010, forcing the Abu Dhabi government to step in with a $5.2bn rescue package in January………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930