Friday, 13 July 2018

Dana Gas seeks to complete sukuk settlement | ZAWYA MENA Edition

Dana Gas seeks to complete sukuk settlement | ZAWYA MENA Edition:

Dana Gas is keen on fulfilling all the legal requirements for the settlement in the sukuk case in the UAE and UK by the end of the month, head of investor relations Mohammmed Mubaideen told Mubasher.

In June, Dana Gas announced that its offer to restructure and refinance the $700 million disputed sukuk was approved by 96.7% of sukukholders.

The Abu Dhabi-listed company and the sukukholders committee entered into an agreement to end all their litigations and waive claims.

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