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aldar bond

PROMISING? Aldar bonds may still offer value after yield plunge

PROMISING? Aldar bonds may still offer value after yield plunge

Aldar, which has developed flagship projects for Abu Dhabi such as the Yas Marina Formula 1 circuit and the world's first Ferrari theme park, has been hit hard by the property crash in the United Arab Emirates. The yield on 2014 bond is at record low after fresh government aid with some referring to the company as "Mubadala without a rating"

January 6, 2012 8:43
 
The market’s medicine

The market’s medicine

Abu Dhabi’s investment in Aldar may be a bitter pill for shareholders to swallow, but it’s a darn sight better than the alternative. Meanwhile Nakheel bonds will settle some nerves.

January 16, 2011 3:27