By Mary Katherine Stinson
Lexington, Ky., Dec. 20 – The government of the Emirate of Sharjah, with Sharjah Sukuk Programme Ltd. as issuer, issued $750 million of 6.092% trust certificates with a scheduled dissolution date of March 19, 2034 (Ba1/BBB-), according to an offering document.
The Regulation S trust certificates were issued at par on Sept. 19.
Standard Chartered Bank was the bookrunner.
Issuer: | Sharjah Sukuk Programme Ltd.
|
Obligor: | Sharjah
|
Amount: | $750 million
|
Issue: | Trust certificates, series 27, tranche 1
|
Maturity: | March 19, 2034
|
Bookrunner: | Standard Chartered Bank
|
Trustee: | Sharjah Sukuk Program Ltd.
|
Coupon: | 6.092%
|
Price: | Par
|
Yield: | 6.092%
|
Settlement date: | Sept. 19
|
Ratings: | Moody’s: Ba1
|
| S&P: BBB-
|
Distribution: | Regulation S
|
ISIN: | XS2680379695
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.