Our Network

Register for our free newsletter

 
 
Latest News

JAFZA

JAFZA to repay 2 billion bond

Dubai’s JAFZA repays $2 billion Islamic bond

JAFZA looks to repay Islamic bond five months ahead of time.

June 24, 2012 11:33
 
JAFZA

Dubai’s Jafza to issue $650 million 7-year sukuk this week

Dubai government-owned Jebel Ali Free Zone plans to launch and issue a $650 million seven-year Islamic bond or sukuk this week, and books are now open, arranging banks said on Tuesday.

June 12, 2012 11:07
 
Dubai JAFZA

Dubai JAFZA to raise $1.85 billion for redemption

The source, who declined to be named ahead of any official announcement, said JAFZA aimed to raise $650 million from the new sukuk and $1.2 billion from the Islamic facility.

June 6, 2012 12:08
 
Dubai's JAFZA-repay sukuk

Dubai’s Jafza gets consent to repay $2 billion Sukuk early

Gets 89 percent sukukholder approval for plan; Co said in April it's close to refinancing deal for sukuk; JAFZA has $2 billion sukuk originally maturing in November

May 27, 2012 12:30
 
Jafza in Advanced Talks to Refinance $2 Billion Sukuk

Jafza in Advanced Talks to Refinance $2 Billion Sukuk

Dubai's Jebel Ali Free Zone (JAFZA) is in advanced talks with financial institutions over a financing package to meet its $2 billion-equivalent Islamic bond, or sukuk, maturity in November, the company said in a statement on Monday

April 30, 2012 3:26
 
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 may use sovereign fund to repay debt

Dubai may use sovereign fund to repay debt

Dubai could use the $3.8 billion raised by its sovereign wealth fund to pay for its debts, as Dubai entities still have about $10 billion due next year.

December 6, 2011 3:46
 

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