UAE developer giant Arada issues 4x oversubscribed $450m bond on Dubai stock exchange with $2b orders | World News
This is Arada’s third Sukuk, bringing its total outstanding Sukuk on Nasdaq Dubai to USD 1.5 billion across three transactions/ Dubai Media Office Nasdaq Dubai welcomed the listing of a USD 450 million Sukuk issued by Arada Developments LLC (“Arada”), a leading UAE-based master developer.Issued under Arada Sukuk 2 Limited’s USD 1 billion Trust Certificate […]
