Jafza targets 7% for seven-year benchmark sukuk

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Jafza targets 7% for seven-year benchmark sukuk

Dubai’s Jebel Ali Free Zone (Jafza) has released initial price thoughts in the low 7% area for its prospective Reg S benchmark dollar sukuk. The company is targeting a seven-year maturity for the deal, which investors say could be up to $650m.

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