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UAE's DAMAC mandates banks for dollar bond issue -source
March 13, 2017 / 12:38 PM / 9 months ago

UAE's DAMAC mandates banks for dollar bond issue -source

DUBAI, March 13 (Reuters) - DAMAC Properties, a United Arab Emirates real estate developer, has mandated banks for a U.S dollar-denominated debt sale, a source close to the matter said on Monday.

The developer has a $100 million sukuk issue maturing on March 21 and a $650 million sukuk issue maturing in 2019. (Reporting by Davide Barbuscia; Editing by Andrew Torchia)

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