06.06.2012 - Jafza to raise $1.85bln for redemption
Dubai's Jebel Ali Free Zone Authority (Jafza) plans to raise $1.85 billion towards the redemption of its $2-billion Islamic bond this year by issuing another sukuk and obtaining an Islamic financing facility, a source familiar with the plan said on Tuesday. The source, who declined to be named ahead of any official announcement, said Jafza aimed to raise $650 million from the new sukuk and $1.2 billion from the Islamic facility...............................................Full Article: Source
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