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Maldives settles 500 mln USD sukuk, cites stronger debt outlook

The Maldivian government successfully settled a 500 million U.S. dollar sukuk, or bonds, issued in 2021, repaying both the principal amount of 500 million U.S. dollars and the associated coupon of 24.68 million dollars, according to a statement issued by the Maldivian Ministry of Finance and Planning on Thursday. [....]