CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
USD | 500.000 | 10 | Jul-31 | Sr. Unsecured | Baa3 | BB+ | - | Fixed | Swaps | 4.25% a | 3.7-3.9% a | 224.5 | 3.70% | - | 100.00000 |
Tranche Comments
10 yr: Book size: 3300; Registration: Reg S Only; Comments: USD500m WNG 10yr snr unsec sukuk RegS. Baa3/BB+. DIB/ENBD/1ADB/Mashreq/StCh(B&D). IPTs 4.25% area, guidance 3.9% area, FPG 3.75% (+/-5 WPIR), set 3.7%, bk >3.3bn ex-JLM, peak >3.4bn. MS+224.5;
Deal Comments
Guarantor: Emaar Properties PJSC (Obligor).