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Dana Gas $1b sukuk yield rises to record

Wed, 2012-01-11 15:14 — newsdesk

Following the failure of the company to supply details on how it plans to repay $1 billion of sukuk maturing in October, Dana Gas Islamic bonds surged to a record.
Dana Gas shares fell 2.2 per cent, the most in more than a week.
It seems that the company's board considered updates on its stake in Mol Nyrt as well as on financing projects in Egypt and the UAE.

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