23.11.2012 - Dana Gas debt deal said to include $100 mln cash payout
Dana Gas PJSC (DANA) plans to pay bondholders about $100 million in cash as part of the $920 million debt restructuring accord the United Arab Emirates company agreed this month, a person familiar with the deal said. The cash would be paid to holders of the Shariah-compliant notes, or sukuk, once a lockup agreement between Dana Gas and its creditors is signed, likely later this month, according to the person, who asked not to be identified because the information is private...............................................Full Article: Source
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