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UAE's Dana Gas shareholders approve sukuk restructuring - The Peninsula Under the plan, the company will repay $70 million in cash, with the remaining $850 million split equally between two new five-year sukuk - an ordinary Islamic bond and a convertible sukuk - which will pay an average coupon of 8 percent. The new suku ...
Energy UAE's Dana Sukuk Restructuring Vote Postponed To April 23 Dana Gas, the Abu Dhabi-listed energy firm, postponed the shareholder vote for restructuring of the $920 million sukuk to April 23 after a meeting on Sunday failed to meet the required quorum. (more)