Monday 10, December 2012 by Robin Amlôt

Dana Gas announces terms of $1 billion Sukuk refinancing

The company highlights a significant reduction of the outstanding debt to $850 million with overall lower debt servicing requirements. The deal structured to ensure that potential dilution of shareholders remains substantially similar to current levels.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more