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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

UAE’s first sukuk restructuring forecast

Posted on 17 May 2012

Bond traders are betting that the United Arab Emirates may soon see the country’s first public restructuring of an Islamic bond.
The yield on the $920m sukuk from Dana Gas , the Sharjah-based energy company, has soared this week as the price sunk, highlighting investors’ concern over Dana ’s ability to repay the debt………………………………………..Full Article: Source

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