Ronaldo, 47, agreed with BPW Sports company to sell the 90% stake he acquired in 2021 for $70 million
football4 hours ago
The plan follows a similar programme for European investors in June, as part of the government’s strategy for “providing regular updates to both existing and prospective fixed income investors around the world.”
The roadshow was a non-deal one, indicating no immediate bond issue.
The meetings, organised by HSBC and Mitsubishi UFJ Financial Group, which are scheduled to take place on August 26 in Hong Kong and August 27 in Singapore, the statement said.
Dubai launched a $6.5 billion bond programme last October, made up of $4 billion euro medium term notes and a $2.5 billion Islamic loan. It placed almost $2 billion in five-year Islamic bonds in late October. In April, Dubai utility Dewa raised $1 billion in an issue that offered a coupon of 8.5 per cent.
The Dubai finance ministry’s 2014 Islamic bond was off 0.35 points to a mid-point of 94.6, with a yield of 7.86 per cent.
Ronaldo, 47, agreed with BPW Sports company to sell the 90% stake he acquired in 2021 for $70 million
football4 hours ago
The decision aims to ensure the safety of teachers as well as students across the country
uae4 hours ago
The facility had been targeted by a drone on Friday in which four workers were killed
energy4 hours ago
The airline will initially fly once a week between the two destinations
uae4 hours ago
Australia has invested heavily in women's cricket over the past decade
cricket4 hours ago
Try some local food that'll enchant your taste buds with a mix of legacy and contemporary flair
food4 hours ago
DP World has been actively expanding its footprint across the region
business4 hours ago
The rule allows teams to bring in one substitute at any time for a player in the starting 11
cricket5 hours ago