Nakheel mulls sukuk refi amid analyst concern
Dubai property developer Nakheel may look to refinance its sukuk borrowings this year, the firm said on Wednesday as it reported growing 2012 profits, but one analyst slapped a “sell rating” on the sukuk and said that investors are incorrectly pricing default risk.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: