Damac tests Dubai demand as Barclays returns to sukuk

By Dan Alderson
27 Mar 2014

Damac Real Estate Development has lined up roadshows as it plans to issue a debut dollar sukuk.

The Dubai based property developer is due to start investor meetings from Friday in Singapore. These will then head to the United Arab Emirates on Sunday and London on Monday.

Damac, rated BB by Standard & Poor’s, has not issued a sukuk or signed an Islamic financing before, ...

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