Tuesday, 26 March 2013

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. This is the second time the meeting has been rescheduled after a majority was not reached at a shareholder meet on March 21. Dana announced the new date in a filing on the Abu Dhabi bourse.

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UAE’s Dana Sukuk Restructuring Vote Postponed To April 23

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