Jafza, DIFC Bond Yields Rise on Refinancing Risk: Arab Credit
Yields on Islamic bonds of Jebel Ali Free Zone FZE and DIFC Investments LLC have boosted since April as investors shunned risky assets and refinancing prospects worsened.
It appears that th two companies also have sukuk maturing in 2012.
Gus Chehayeb, a Dubai- based associate director at investment bank Exotix Ltd., stated that the only one that he is worried about is Jafza.
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