Abu Dhabi's Tourism Development & Investment Company (TDIC) has issued the largest GCC sukuk of 2009 with its inaugural $1bn 5-year Reg S Sukuk Al Ijara, the group has said. The Sukuk was issued under a $1.45bn Global Sukuk Trust Certificate Issuance Programme. This transaction is the first sukuk issuance by a 100% indirect Government of Abu Dhabi-owned entity.
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