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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Finance, Property, Projects, Infrastructure more

Dana Gas launches consent solicitation for $1 bln refinancing process

Posted on 28 March 2013

Dana Gas has announced that it has today (27 March) launched the process of seeking consents from the holders of the $1 billion Sukuk-al-Mudarabah issued by Dana Gas Sukuk to restructure the Sukuk on previously announced terms.
As a normal part of this process, Dana Gas today (27 March) issued an announcement on the UK Regulatory News Service confirming the launch of the consent solicitation process, a period in which the company seeks approval from holders of the Sukuk………………………………………..Full Article: Source

 
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