| From Thepeninsulaqatar.com: Travel firm Thomas Cook has failed to place a $50m aircraft finance Islamic bond with Gulf region investors, three bankers said, marking the failure of what would have been the first European corporate sukuk.
Three bankers said the five-year sukuk, called the Golden Age sukuk, was marketed to Saudi investors by lead arranger Wasatah Capital, a Saudi investment company, but was called off last month after it failed to gain interest in the kingdom partly because the yield offered of 7 percent was seen as too low..............................................Full Article: Source
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