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Dana Gas invites sukuk holders to conference call 6 July

Dana Gas invites sukuk holders to conference call 6 July
The company seeks a lawful restructuring, and is keen to engage with all holders of its Mudarabah sukuk
Dana Gas
DANA
1.09% 0.65 0.01

Abu Dhabi – Mubasher: Dana Gas invited holders of its Mudarabah sukuk to its rescheduled conference call on 6 July, according to a statement.

The company will communicate with its broad sukuk holder group, and provide information regarding the planned restructuring, including background on the declaration of the current sukuk’s unlawfulness, the proposed solution for the way forward, and the steps that the company has to take to protect its position.

The company seeks a lawful restructuring, and is keen to engage with all holders of its Mudarabah sukuk.