20.02.2013 - Dana shareholders to vote on sukuk restructuring
Shareholders of Dana Gas , the Abu Dhabi-listed energy firm, will vote on March 14 to approve a restructuring plan for its US$920m sukuk after failing to meet maturity of the Islamic bond last year. Dana became the first company in UAE to miss repayment of a maturing bond on October 31 but agreed new terms with a creditor committee representing bondholders, which included investment firms Ashmore Group and BlackRock, a week later...........................................Full Article: Source
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