The National Central Cooling Company (Tabreed) reported that it had retained Abu Dhabi-based National Investor as sole advisor and sole arranger for the possible issuance of sukuks to be listed on the Luxembourg Stock Exchange.
The company is contemplating approaching the capital markets with a Sukuk Issue in the first quarter of 2004, market conditions permitting.
The National Investor is a regional advisory and investment firm with a track record in advisory, fundraising, private equity and asset management. The National Investor is backed by 60 United Arab Emirates (UAE)-based shareholders and is actively involved in investment banking, private equity, and asset management. — (menareport.com)
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