Jan 08 2012 |
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Dar Al-Arkan pays USD 6.8 million in periodic coupon distribution to its Sukuk II holders
Dar Al-Arkan Real Estate Development Company ( DAAR ) announces periodic coupon distribution amounting to USD 6,780,042.22 for the period commencing 17/10/2011 till 17/01/2012. The periodic coupon distribution is based on 3 Month Libor (0.40306% calculated on 13/10/2011) plus a profit margin of 2.25%.
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