Tabreed shareholders approve issuance of up to $1bn in bonds or sukuk

  • Date: 07-Oct-2020
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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Tabreed shareholders approve issuance of up to $1bn in bonds or sukuk

The National Central Cooling Company, also known as Tabreed, gained approval from shareholders to raise up to $1 billion through the issuance of bonds or sukuk to fund acquisitions, as well as for general