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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. ....

United Arab Emirates , Houlihan Lokey , Varun Reddy , Equitativa Dubai , Consent Solicitation Memorandum , Saudigazette Newspaper , Audi Sazette , Saudi Arabia , Kingdom Of Saudi Arabia , Latest News , King Salman , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஹொலின் லோக்கெய் , அருண் சிவப்பு , ஆடி அரேபியா ,