Saudi developer Dar Al Arkan meets bond investors for non-deal roadshow- sources | ZAWYA MENA Edition:
"Saudi Arabian real estate developer Dar Al Arkan met fixed income investors last week for a so-called non-deal roadshow, discussions that were not linked to any specific plan for a bond issue, sources familiar with the matter said. Dar Al Arkan 4300.SE , which issued $500 million of Islamic bonds last April, held the meetings to update investors on the company's business, but no concrete bond issue plan was discussed, said one source, declining to be named because of commercial sensitivities. The company did not immediately respond to a request for comment. The roadshow was held last week in Dubai and arranged by Emirates NBD."
'via Blog this'
No comments:
Post a Comment