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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Dana Gas needs to address issues

Posted on 14 February 2012

Analysts were particularly sceptical of the fate of Dana Gas’ sukuk, scheduled to mature in October of this year, after the results press release was issued with no reference to the sukuk payments following promises the CEO made to provide a detailed update with the announcement.
There was also no public follow-up to the results story – no media interviews, analyst call or subsequent news release………………………………………..Full Article: Source

 
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