Aramco, Dow petchem JV picks banks for project sukuk
Sadara, the $20 billion petrochemical joint venture between oil giant Saudi Aramco and Dow Chemical, picked four banks to manage the Islamic bond, or sukuk, portion of its...
View ArticleSukuk: key considerations in advising issuers and investors
Sukuk are labelled as an "alternative" form of financing to conventional bonds; they mirror the economic effect of conventional debt but are in compliance with…
View ArticleUAE's Dana Gas sets out restructured sukuk terms
Dana Gas, the first UAE group to default on an Islamic bond, is offering bondholders $70 million in cash and an average 8 percent coupon on the remaining $850 million of debt...
View ArticleCapital markets 2012: equity disappoints as companies turn to debt
2012 was a gloomy year for equity capital markets the world over. Austerity measures in the Eurozone, trading glitches and fiscal cliffs rocked investor confidence as…
View Article
More Pages to Explore .....