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Citi to advise Dubai’s JAFZA on $2B bond

Citi to advise Dubai’s JAFZA on $2B bond

Citigroup has been tapped to advise Dubai's main industrial free zone operator on its options for meeting a $2 billion Islamic bond maturity this year, including the potential sale of its UK based developer Gazeley, three sources said on Monday.

February 28, 2012 2:38
 

Dubai’s JAFZA in debt talks, rules out govt aid

JAFZA not looking for government support; Cannot rule out option of asset sales

December 7, 2011 12:51
 

Dubai support less likely for JAFZA’s $2 billion Islamic bond

Potential government support for Dubai World unit Jebel Ali Free Zone (JAFZA) to meet its $2.04 billion Islamic bond maturity next year is less likely due to a more complex legal structure, a Standard & Poor's' analyst said on Thursday.

November 17, 2011 3:32
 

Dubai can manage $14B debt maturing in 2012

Dubai's government-related entities (GREs) can pay down or refinance nearly $14 billon in debt maturing next year with relative ease, according to a report by investment bank JP Morgan.

October 15, 2011 4:07
 

Dubai’s airport freezone to expand

Leasable area to almost double in size at a cost of AED 1.3 billion.

June 1, 2010 3:50