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Meraas Planning Tender of 2022s Conditional on New 5Y Sukuk Issuance

by Megha Malhotra | Sep 1, 2021 | Financial News, Sovereign Bonds

According to sources, state-linked property developer Dubai’s Meraas Holding is planning a tender offer to repurchase its existing dollar-denominated Islamic bonds for cash and to issue new sukuk to replace them. Meraas’ $600mn sukuk issued in 2017 fell sharply...

Meraas Planning Tender of 2022s Conditional on New 5Y Sukuk Issuance

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