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Abu Dhabi’s Aldar Properties hires banks for $750 mln sukuk refinancing – sources

Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, has hired banks to arrange a U.S. dollar-denominated sukuk issue of at least $750 million, sources familiar with the matter said. The company has mandated JPMorgan, Standard Chartered, and First Abu Dhabi Bank for the debt sale, said the…

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