Partial redemption of the USD 380m Secured Sukuk Certificates
Published: Aug 01, 2024 11:46:01 AM
Sequence No.: 7
ISIN: AEDFXA1XE5D7
Equitativa (Dubai) Limited (“Equitativa”), manager of Emirates REIT (CEIC) PLC (“Emirates REIT”) announces that on July 31, 2024, Emirates REIT has partially redeemed USD 19.27 million of the USD 380 million secured sukuk certificates issued on December 12, 2022 (the "Secured Sukuk"), together with accrued profit thereon. As a result, upon completion of such partial redemption, the outstanding principal amount on the Secured Sukuk has been reduced to USD 304.73 million.
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