Dubai Civil Aviation Authority may issue bonds to refinance a $1bn sukuk maturing next month, Bloomberg has reported, citing two bankers familiar with the transaction. The authority has hired UBS, Dubai Islamic Bank, Standard Chartered and Bank of Tokyo-Mitsubishi UFJ to manage the Islamic and conventional bond sale, according to the bankers.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.