Tagged: Credit Suisse

Aldar will repay $ 1bn sukuk say investors

Aldar will repay $ 1bn sukuk say investors

Investors in Aldar Properties’ $ 1.1 billion sukuk are gambling on the fact that the indebted developer will repay the issue even if it means more aid from Abu Dhabi which the company out this year.
The sukuk was established as an exchangeable bond by …