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|Status||Sukuk Name||Country||Sukuk Structure||Date *||Issue Size ($M)||Arranger / Advisor|
Islamic Corporation for Private Sector Development
RHB Islamic Bank Berhad
Important Note: The above list includes primary issues that are known to take place as reported in local media or rumored amongst investors and arrangers. User should treat such data with care as Sukuk Monitor does not warrant that such information is accurate or complete.
* Estimated Launch Date
Apr 21 (Reuters) -Following are terms and conditionsof a bond priced on Tuesday.Borrower Noor Bank PJSC (Noor Bank)Issue Amount $500 millionMaturity Date May 28,2020Coupon 2.788 pctIssue price ParReoffer price ParReoffer yield 2.788 pctSpread 130 basis pointsUnderlying govt bond Over the midswapsPayment Date April 28,2015Lead Manager(s) CITI, DIB & SIBRatings A-(Fitch)Listing Nasdaq DubaiFull feesReuters, 21 Apr 2015
DUBAI, April 21 (Reuters) - Dubai&aposs Noor Bank has launched a $500 million, five-year debut sukuk issue that will price later on Tuesday, a document from lead arrangers showed.The transaction was set to price at a spread of 130 basis points over midswaps, at the tight end of final guidance of 130-135 bps over midswaps. Initial pricing guidance of around 140 bps over midswaps was given earlier oReuters, 21 Apr 2015
Dubai's Noor Bank has tightened pricing guidance for its USD500 million, five-year debut U.S. dollar sukuk issue, which is expected to price later in the day, a document from lead arrangers showed.Reuters, 21 Apr 2015
Indonesia's finance ministry sold IDR2.025 trillion (USD156.31 million) of Islamic bonds at an auction the ministry's financing and risk management office said.Reuters, 21 Apr 2015
Tuesday, April 21 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services.You can view the full IFG briefing http://tmsnrt.rs/1J54E84 under IFG Briefings Subject.TOP STORIESIFSB guidance for Islamic banks may spur sukuk issues, deposit insuranceThe Kuala Lumpur-based IslamicReuters, 21 Apr 2015
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|Issuer Name||RAK Capital|
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