Emirates REIT confident majority of Sukuk holders will suppo

Emirates REIT confident majority of Sukuk holders will support revised terms


Emirates REIT confident majority of Sukuk holders will support revised terms
June 01, 2021
As of May 26, close to 60% of the Sukuk holders had cast their vote, with more than 75% of those votes in favor of the Consent Solicitation Memorandum (CSM) presented.
DUBAI — Equitativa (Dubai) Limited, manager of Emirates REIT (CEIC) PLC said Tuesday that the large majority of Sukuk holder’s that have voted were in support of the company’s exchange offer of its Shariah compliant bonds due in December 2022 and encouraged all certificate holders to vote by June 7.
As of May 26, close to 60% of the Sukuk holders had cast their vote, with more than 75% of those votes in favor of the Consent Solicitation Memorandum (CSM) presented.

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