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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Dubai says looking at alternate plan for debt repayment

Posted on 08 May 2013

Dubai may issue another sovereign bond this year and is looking at alternate means to repay its debt if asset sales don’t materialise, a top official said on Tuesday.
“The market is right, the price is right, then why not?” Sheikh Ahmed bin Saeed al-Maktoum, a close advisor and uncle to Dubai’s ruler, said when asked whether the emirate might make a second sovereign debt issue this year………………………………………..Full Article: Source

 
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