Nakheel trade creditors may be unwilling to sell the planned sukuk at a discount in the secondary market as they are being flooded with offers, industry sources claim.
Mohammed Qasim Al Ali, Chief Executive Officer, National Bonds Corporation, confirmed to Emirates 24/7 that they were in talks with a trade creditor to buy the planned sukuk, but haven’t been able to close the deal due to the “many offers” that the creditors is supposedly evaluating...............................................Full Article: Source |