Wed, Jun 19, 2013
A A A
Welcome bhaimia
RSS

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

Hope on Nakheel’s sukuk

Posted on 27 November 2009

From Thenational.ae: Bradley Hope, our intrepid property reporter, managed to dig up more detail yesterday on the terms of Nakheel’s bond than we had space to publish. But for those trying to dig deeper into what outcomes might be possible, his findings may be useful.

For those who don’t recall, Nakheel sold $3.5bn in Islamic bonds, or sukuk, back in 2006. They come due Dec. 14 and will pay $4.05bn in principal, profits and compensation for not having issued shares into which bondholders could conver……………………………Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
June 2013
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930