| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 500.000 | 5 | Nov-29 | Sr. Unsecured | - | B- | B | Fixed | YLD | 8.00% a | 7.50% a | - | 7.50% | - | 100.00000 |
Tranche Comments
5 yr: Book size: 2000; First Pay: 2025-05-06; Registration: Reg S Only; Comments: USD500m 5yr sukuk bmk snr unsec RegS. NR/B-/B. AlRajhi/ADIB/ABC/ENBD/JPM/KAMCO/Mashreq/Sharjah/StCh(B&D)/Warba. With USD 2025 sukuk tender offer/ consent solicitation. IPTs 8% area, guidance 7.5% area for 500m WNG, launch 7.5% yield. Books 2bn+ ex JLM, subj. FTT 8am Thurs. LEI: 2549006KGP87C90JH464;
Use of Proceeds
To fund the tender offer and general corporate purposes