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Dubais-DIFC-investment-gets-1.04-billion-loan-to-repay-Islamic-bond

Dubai’s DIFC investment gets $1.04 billion loan to repay Islamic bond

DIFC Investments signs $1.04 billion loan to fund sukuk repayment; Dual-tranched loan priced at 380 bps over LIBOR; Timely sukuk repayment helps rebuild Dubai's investor image

June 4, 2012 11:06
 
Dubai Sukuk to Fund Airport Expansion

Dubai Sukuk to Fund Airport Expansion

Etihad Airways has bought a three percent stake in Irish airline Aer Lingus as a precursor to a commercial tie-up that could help Abu Dhabi's flagship carrier gain more European routes to catch up with Middle Eastern rivals

May 1, 2012 3:28
 
Dubai Prices $1.25 Billion Islamic Bond at Par

Dubai Prices $1.25 Billion Islamic Bond at Par

The government of Dubai priced a $1.25 billion two-tranche Islamic bond, or sukuk, on Wednesday, at par. A $600 million five-year tranche was priced at 4.90 percent and a 10-year portion was priced at 6.45 percent, in line with launch guidance released earlier that day.

April 26, 2012 10:50
 
Dubai's $1.25 Billion Islamic Bond to Price Wednesday

Dubai's $1.25 Billion Islamic Bond to Price Wednesday

Dubai is planning to raise $1.25 billion from a two-tranche Islamic bond sale on Wednesday, with final price guidance for both tranches tighter than indicated initially.

April 25, 2012 2:59
 
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