Tag: Aldar Properties PJSC

Islamic bonds of National Central Cooling Company, known as Tabreed, rose on speculation the provider of air conditioning services to the Dubai Metro may follow Aldar Properties PJSC in getting financial support from Abu Dhabi. Tabreed’s floating-rate $200 million sukuk maturing in July rose 13 cents on the dollar in the past month to 88 cents on Tuesday, according to Exotix Ltd, an investment bank specialising
 in illiquid bonds.