| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 600.000 | 5 | Feb-25 | Sr. Unsecured | B1 | - | - | Fixed | Swaps | 7.25-7.375% | 7.125% a | 560.5 | 6.75% | - | 98.84100 |
Tranche Comments
5 yr: Book size: 1600; Registration: Reg S Only; Comments: USD600m long 5yr fxd snr unsec RegS sukuk. B1. ALKHAIR/DB(B&D)/DIB/ENBD/GS/Noor/StCh/Warba. IPTs 7.250-7.375%, guidance 7.125% area, set 7%, bks >1.6bn (285m JLM), MS+560.5 / T+559.3 vs T1.5% 9/24@100-142. FTT 8am Thurs;
Guarantor(s)
Dar Al-Arkan Real Estate Development Co