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DIFC unit repays $1.25bln Sukuk

Posted on 15 June 2012

DIFC Investments (DIFCI), the investment arm of the Dubai International Financial Centre, confirmed that it had repaid its $1.25 billion Sukuk. The Sukuk obligation was viewed by analysts as one of the most challenging repayment tests in Dubai this year.
Abdullah Mohammed Saleh, governor of DIFC and chairman of DIFC Investments said: “We are pleased to announce the successful repayment of DIFC Investments’ Sukuk. This transaction reaffirms our commitment to meeting our obligations.”……………………………………….Full Article: Source

 
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