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Dubai seeks to raise $6.5bn in bond issues
- United Arab Emirates: Wednesday, October 28 - 2009 at 10:25
The Dubai government has unveiled plans to raise $6.5bn through bonds, Emirates Business reported yesterday, citing a prospectus for investors. The borrowing programme would be divided into a euro-denominated medium-term note worth $4bn and a $2.5bn Islamic bond issue, or sukuk. The new euro-based note might be listed on the London Stock Exchange and the Dubai Financial Market, according to the paper.
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StaffWednesday, October 28 - 2009 at 10:25 UAE local time (GMT+4)
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