GFH gathers order book of more than $750m for debut

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By Francesca Young
22 Jan 2020

Bahraini investment group Gulf Finance House printed its $300m five year sukuk on Tuesday from a book of more than $750m.

The note was sold at par with a 7.5% coupon. It was wrapped around reoffer on Wednesday morning in London.

Initial price guidance for the deal had been put out at mid-7% for a benchmark sukuk on Tuesday morning.

Société Générale and Standard Chartered Bank were ...

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