Dewa rules out global bond issues in 2014
Dubai, January 22, 2014
State-owned Dubai Electricity and Water Authority (Dewa) plans no international bond issue in 2014, its chief executive Saeed Mohammed al-Tayer said on Wednesday.
Asked by reporters if Dewa planned any such issues this year, he said: "No. We have a funding strategy and we always plan these bonds."
"The bond is not due so far." Dewa has a $1 billion bond maturing in April 2015.-Reuters