Shareholders of Dana Gas , the Abu Dhabi-listed energy firm, will vote on March 14 to approve a restructuring plan for its US$920m sukuk after failing to meet maturity of the Islamic bond last year.
Dana became the first company in UAE to miss repayment of a maturing bond on October 31 but agreed new terms with a creditor committee representing bondholders, which included investment firms Ashmore Group and BlackRock, a week later…………………………………….Full Article: Source