Sukuk defaulter Nakheel to issue new sukuk
On February 15, 2011 · In Defaults, Dubai, Dubai Investment Group, Islamic Bonds, Nakheel, Shariah Bonds, SUKUK
Dubai property developer Nakheel, whose mammoth default on Sukuk payments two years ago stung creditors around the globe, illustrating an overall high default rate in the sukuk category, is now coming back for more.
Of course, Nakheel claims that all is well now.
The sukuk issue is expected in this quarter. Details as they become available.
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