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Nakheel pays back $1.2bn securitised bond
- United Arab Emirates: Monday, October 19 - 2009 at 14:56
Dubai-based developer Nakheel has completed the repayment of a $1.2bn securitised bond a month ahead of its maturity date, MEED has reported. The repayment was made on 15 October, one month ahead of the scheduled repayment deadline of 15 November. In May, the developer was able to push back the repayment date from July to November. Nakheel also has a $3.52bn Islamic bond maturing in December.
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StaffMonday, October 19 - 2009 at 14:56 UAE local time (GMT+4)
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