Thu, Apr 17, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Nakheel faces $980mln Sukuk payment as Dubai debt deal drags

Posted on 07 May 2010

From Zawya Dow Jones: Troubled Dubai real-estate developer Nakheel faces another key test of its credit worthiness next week with the maturity of a $980 million Islamic bond, or sukuk.
Nakheel must repay bondholders and avoid a default as its parent Dubai World hammers out an agreement with more than 90 creditor banks to restructure $23.5 billion of total debt……………………………………..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
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930