DEWA Sees $1.5 Billion Bond in April
2010-03-10 00:38:19

DURAl - The Dubai Electricity and Water Authority, or DEWA, expects its $1.5 billion bond to be
completed by the beginning of next month, its chief executive said on Tuesday.
''We hope to finalise it by the first week of April," DEWA's Chief Executive Officer, Saeed
Mohammed AI Tayer, told reporters on the sidelines of a conference. Earlier, DEWA's chairman said the
bonds would be used to cover short term financing,

source: Khaleejtimes

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