Arada Sukuk Ltd (ARADA) 2022-2

USD100.0005Jun-27Sr. UnsecuredB1-BB-FixedYLD-8.386% a-8.13%-99.00000
Tranche Comments
5 yr: First Pay: 2022-12-08; Registration: Reg S Only; Comments: USD100m tap of 350m 8.125% Jun 2027 sukuk Reg S. B1/nr/BB-. GloCos ENBD/StCh(B&D). JBs ADCB/DIB/HSBC/KAMCO/Mashreq/SIB/Warba. Guidance 8.386% area at 99.00, launched 100m at 99. Books closed. Fungible after 40 days. FTT 1pm. LEI: 549300F4ZUCO6Z48KC28;
Deal Comments
Sukuk Bond. USD100m tap of 8.125% due 6/8/2027