| From Bloomberg: Dubai Civil Aviation Authority may issue bonds to refinance $1 billion in debt maturing next month, two bankers familiar with the transaction said. The Islamic bonds, also known as sukuk, mature on Nov. 4.
Dubai Civil Aviation hired UBS AG, Dubai Islamic Bank, Standard Chartered Plc and Bank of Tokyo-Mitsubishi UFJ Ltd. to manage the Islamic and conventional bond sale, according to the bankers who declined to be identified because details of the deal are private.............Full Article: Source
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