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Royal Jordanian Air exploring sale of its first bonds
Published Tue, Nov 26, 2013 · 10:00 PM
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[DUBAI] Royal Jordanian Airlines, the unprofitable carrier seeking a merger, is exploring a sale of its first bonds or sukuk along with more shares to prop up a balance sheet hurt by fuel costs and a local travel slump.
The company may sell a Syariah-compliant or conventional security in the second quarter of 2014…
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