15.03.2013 - UAE’s Dana Gas Sukuk restructuring vote postponed to March 21
Dana Gas, the Abu Dhabi-listed energy firm, said a shareholder meeting to vote on the restructuring of the $920 million sukuk did not met the required quorum. A new meeting has been scheduled for March 21, the company said in a filing to the Abu Dhabi stock exchange on Thursday. 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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