| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 500.000 | 5 | Apr-22 | - | B1 | - | - | Fixed | Swaps | Low to Mid 7s | 7.125-7.25% | 512.8 | 6.88% | - | 98.96400 |
Tranche Comments
5 yr: Registration: Reg S Only; Comments: USD500m 5yr sukuk. Follows rshow. RegS. Alkhair/DB(B&D)/DIB/ENBD/GS/Noor/QInvest. IPTs low/mid 7s, guidance 7.125%/7.25%, tbp 7.125% for 500m deal. 512.8 bps vs 5y MS spot at 1.997%;
Use of Proceeds
Refinancing