Dewa sukuk fails to hit pricing ambitions
- Published: 03 June 2008 11:40
- Author:Matthew Martin | More by this Author
- Last Updated: 03 June 2008 16:51
Dubai Electricity and Water Authority (Dewa) has completed a AED2.75bn ($749m) sukuk issue at margins of 125 basis points over the emirates interbank offered rate (eibor), indicating that investor demand was not as strong as the utility had hoped.
This content is only available to full MEED package subscribers (MEED magazine and MEED.com).
If you are already a subscriber to the MEED package and have activated your online subscription, sign in
If you are already a subscriber to the MEED package but have not activated your online subscription, please activate here
If you would like to subscribe to the full MEED package and get access to the whole of the website, please subscribe here
If you are a MEED magazine only subscriber and would like full access to MEED.com, please contact Customer Services who will upgrade your subscription.
