Initial price guidance for the deal started at 180bp over mid-swaps on Tuesday morning in London before the spread for the deal was set at 155bp over.
Bank ABC, Dubai Islamic, HSBC, KfH Capital, Sharjah Islamic Bank and Standard Chartered arranged the sukuk.
The deal is
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.