Meraas issues Sukuk, sets up new management company with Dubai Holding
Institutions involved as book-runners included Dubai Islamic Bank, Emirates NBD, Noor Bank, Sharjah Islamic Bank and Warba Bank. The bond was issued through Meraas Sukuk, a Cayman Islands-registered special purpoe entity formed to issue Islamic debt securities. Just a few days later, it was announced that Dubai Holding and Meraas…
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