New Issue: Emirate of Sharjah sells $1 billion 4% notes due 2050

Chicago, July 22 – The government of the Emirate of Sharjah, acting through its finance department, sold $1 billion of 4% notes (BBB) due July 28, 2050, according to a market source and a press release.

Proceeds were expected to be used for general budgetary needs.

Issuer:	Sharjah
Issue:	Notes
Amount:	$1 billion
Maturity:	July 28, 2050
Pricing date:	July 15
Rating:	S&P: BBB

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