DEWA says no to bonds
Despite the plunge in borrowing costs, Dubai's Electricity and Water Authority has said no to bond plans for now
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Despite the plunge in borrowing costs, Dubai's Electricity and Water Authority has said no to bond plans for now
July 25, 2012 1:58The five-year bonds mature on April 10, 2017, and carry a 16.55 percent coupon. The ten-year bonds mature on April 3, 2022, and carry a 17 percent coupon.
July 17, 2012 10:30UAE mall developer Majid Al Futtaim Holding picks banks to arrange investor meetings ahead of a potential second bond issue this year.
June 25, 2012 10:42The government of the United Arab Emirates will further discuss its plan to introduce a law allowing public debt issues at the federal level, and it feels no pressure to issue bonds despite a budget deficit, Obaid Humaid al-Tayer, Minister of State for Financial Affairs, said on Tuesday.
June 19, 2012 5:26