Hedge Funds & Alternative Investments
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Aldar investment unit sees strong demand for $500m sukuk
Aldar Investment Properties, a subsidiary of Aldar Properties, announced on Wednesday the successful placement of a fixed rate $500 million dollar-denominated sukuk. The 10-year sukuk carries a coupon rate of 3.875 percent, the lowest rate ever achieved by Aldar, following strong investor demand. A statement said the transaction was over…
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Click here to read the full story: Arabian Business