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

DEWA to tap bond market for $3bln

Posted on 07 April 2010

From Thepeninsulaqatar.com: Dubai’s state-owned utility began a roadshow yesterday to raise up to $3bn in a litmus test of how Dubai entities will fare in debt markets after the Gulf Arab emirate s refinancing crisis.

Dubai Electricity and Water Authority (DEWA) postponed plans to issue a bond last November when conglomerate Dubai World said it would delay repaying $26bn in debt……………………………………….Full Article: Source

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