Qatari real estate developer Ezdan Holdings said on Friday that it will be able to repay its dollar sukuk maturing in May this year and April 2022, in response to an S&P downgrade to CCC from B- on default and/or restructuring risk. The company said via an email...
Qatar’s Ezdan Holding Group has been downgraded to CCC from B- by S&P, which mentioned that the property developer faces a risk of debt restructuring or default as they are yet to obtain credit-lines to meet upcoming maturities of its $500mn senior unsecured sukuk...
