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Dubai's Shuaa Capital plans to raise Dh367m from bonds to continue turnaround

Shuaa aims to raise up to Dh275.5m through mandatory convertible bonds by March next ....

United Arab Emirates , Wafik Ben Mansour , Image Credit , Shuaa Capital ,

Shuaa reaches deal with noteholders for bond term amendment

Dubai-based Shuaa Capital has reached an agreement with its noteholders to facilitate the amendment of the terms of the outstanding $150 million bond issued by a Shuaa-affiliated SPV. It is a significant milestone in the firm’s capital optimisation plan. ....

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