Dubai – Mubasher: Jebel Ali Free Zone (Jafza), a subsidiary of DP World, on Tuesday has announced that it will pay the periodic coupon distribution for its $1.750 billion sukuk, which are due in 2037.
The coupon distribution will be paid to noteholders on 2 July 2018, the UAE’s logistics hub said.
Distribution is for a coupon rate of 6.85% per annum for a total amount of $59.93 million, Jafza said in a statement to Nasdaq Dubai, the Middle East’s international financial exchange.
