| 16.12.2008 - UAE's Dolphin to issue $1bln bond in 2009 |
| From Arabianbusiness.com: The United Arab Emirates' Dolphin Energy will issue a $1 billion bond early next year as part of a $5 billion financing deal expected in 2009. As well as the $1 billion bond, Dolphin will raise $500 million from Islamic financing resources. The company will use the cash to refinance $3.45 billion worth of existing debt and the rest for its pipeline project to deliver Qatari gas to the UAE and Oman..... Full Article: Source |