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Aldar $3.5bn bonds issue
- United Arab Emirates: Wednesday, December 13 - 2006 at 07:49
Abu Dhabi-based Aldar Properties will sell Islamic bonds worth up to $3.5bn in Q1 2007, more than double initially planned, the developer's chairman told Reuters. This could be raised in a single issue if demand was strong. The bond would have a maturity of three to five years, Chairman Ahmad Ali Al Sayegh said.
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James McInerney, News EditorWednesday, December 13 - 2006 at 07:49 UAE local time (GMT+4)
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This article was updated on Thu Dec 14 2006.
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