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Dubai’s DEWA may sell 5-year dollar bonds at 8.5pct

Posted on 15 April 2010

From Bloomberg: Dubai Electricity & Water Authority, a state-owned utility, plans to sell five-year dollar-denominated bonds this week that may yield 8.5 percent to 8.625 percent, according to a banker involved in the transaction.

The benchmark sale may be completed as early as tomorrow, said the banker, who asked not to be identified because details are private…………………………………Full Article: Source

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