Dewa on course for Dh4bn sukuk in first quarter
Dubai Electricity and Water Authority (Dewa) has reaffirmed it is planning to issue a sukuk worth around Dh4bn ($1.09bn) in this year’s first quarter and that it is in talks with banks to arrange the deal. Dewa will use proceeds to refinance existing debt and invest in projects.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts