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Tamweel may tap debt market again this year, acting CEO says

Posted on 17 April 2012

Tamweel PJSC may consider tapping the debt market again this year after the United Arab Emirates mortgage lender raised $300 million from the sale of Islamic bonds in January.
“We may potentially go back to the market this year for either a sukuk or securitization,” acting Chief Executive OfficerVarun Sood said in an interview in Dubai today. “It would be a similar transaction to what we did earlier this year.”……………………………………….Full Article: Source

 
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