16.05.2012 - Dana Gas $1bln sukuk a source of angst
The UAE company Dana Gas, whose share price has dropped sharply on doubt over its ability to meet debt obligations, has hinted it will seek to refinance its troublesome US$1bn (Dh3.67bn) sukuk. The gas producer based in Sharjah released strong first-quarter results and used the occasion finally to address concerns over the bond, which matures at the end of October.“The Company is committed to finding a consensual solution that is equitable to all stakeholders,” Dana said...............................................Full Article: Source
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