Tue, Sep 23, 2014
A A A
Welcome bhaimia
RSS

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

Dubai gives funds to repay 2010 bond, says Nakheel

Posted on 12 May 2010

From Gulf-times.com: Dubai has given developer Nakheel, a Dubai World unit, enough funds to repay a $980mn Islamic bond due tomorrow, Nakheel said in a statement yesterday.
Nakheel, the builder of man-made islands shaped like palms, is widely expected to repay the bond on time despite the absence of a formal debt deal on parent Dubai World, which is in talks with banks to restructure $24.8bn in debt repayments………………………………………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
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930