Browse
related articles
Dana postpones restructuring vote to April 23
- United Arab Emirates: Monday, March 25 - 2013 at 08:03
Dana Gas has postponed the shareholder vote for restructuring its $920m sukuk to April 23, after a meeting on Sunday failed to meet the required quorum, Reuters has reported. This is the second time the meeting has been rescheduled after a majority was not reached at a shareholder meet on March 21. Sharjah-based Dana became the first UAE company to miss repayment of a maturing bond on October 31, but agreed new terms with a creditor committee representing bondholders a week later.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
