Bloomberg News

Jafza Hires Citi to Weigh $2 Billion Sukuk Options, Reuters Says

February 27, 2012

Dubai’s Jebel Ali Free Zone FZE hired Citigroup Inc (C) to help weigh options to meet a $2.04 billion Islamic bond maturing this year, Reuters reported, citing three unidentified people.

The options include the potential sale of its U.K.-based developer Gazeley, it said.

To contact the reporter on this story: Arif Sharif in Dubai at asharif2@bloomberg.net

To contact the editor responsible for this story: Inal Ersan at iersan@bloomberg.net


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