Back on January 31 we reported that Dana Gas, which had issued a sukuk (Islamic bond) looked to be in trouble:

http://www.shariahfinancewatch.org/2012/01/31/another-sukuk-in-trouble/

Well, sure enough, Dana Gas has hired Blackstone, the world’s largest private equity firm, to restructure its sukuk set to mature in October…

http://www.businessweek.com/news/2012-04-24/dana-gas-said-to-hire-blackstone-to-restructure-1-billion

 

 

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