Aldar, Arabtec announce CB plans
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Aldar, Arabtec announce CB plans

Aldar Properties, the Abu Dhabi developer, could issue convertible bonds as part of a debt restructuring package. The company on Monday said that it would hold a board meeting on Thursday (January 13) to consider calling an EGM to approve the issuance. It will also consider selling assets and converting CBs previously issued to state investment company Mubadala into equity.

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