Emaar Properties hits the road with sukuk

Dubai’s Emaar Properties is conducting fixed income investor meetings in London on Wednesday, organised by Al Hilal Bank, Barwa Bank, Dubai Islamic Bank, Emirates NBD, HSBC, Noor Islamic Bank and Standard Chartered. Amit Jain, Emaar’s group chief financial officer will represent the company.

  • 10 Jul 2012

A dollar-denominated Reg S only sukuk placed under the company’s $2bn trust certificates issuance programme may follow.

The company has only one senior sukuk outstanding, its $500m 8.5% August 2016s. Those notes, which were placed in January 2011, are trading around 109-110.

Emaar is rated B1 by Moody’s and ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 84,363.77 404 5.82%
2 Bank of America Merrill Lynch 84,279.38 380 5.81%
3 Citi 69,277.23 389 4.78%
4 Barclays 63,132.35 242 4.35%
5 Goldman Sachs 59,388.99 229 4.09%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 18,987.74 82 9.19%
2 Deutsche Bank 16,651.33 61 8.06%
3 SG Corporate & Investment Banking 14,054.70 64 6.80%
4 UniCredit 12,047.08 52 5.83%
5 HSBC 11,205.29 61 5.42%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 3,863.89 45 7.25%
2 Goldman Sachs 3,593.75 29 6.74%
3 JPMorgan 3,391.91 36 6.37%
4 Deutsche Bank 3,241.44 30 6.08%
5 Credit Suisse 3,119.95 31 5.86%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,858.26 127 9.88%
2 Citi 11,539.69 98 7.19%
3 Goldman Sachs 11,025.83 85 6.87%
4 Bank of America Merrill Lynch 10,994.65 101 6.85%
5 Barclays 10,908.60 83 6.79%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 20,417.95 85 6.40%
2 BNP Paribas 19,882.59 80 6.24%
3 Barclays 18,647.73 58 5.85%
4 Deutsche Bank 17,562.97 71 5.51%
5 Citi 17,352.89 69 5.44%