Friday, Apr 18, 2008
LONDON (Dow Jones)--Villamar Sukuk Company Limited has priced $190 million of 2013-dated, sukuk floating-rate-notes through Merrill Lynch and Al Rajhi Banking & Invesment Corporation, one of the banks managing the deal said Friday.
Terms are as follows:
Amount: $190 million
Maturity: April 29, 2013
Coupon: 275 basis points over three-month dollar Libor
Issue Price: Par
Reoffer Price: Par
Payment Date: April. 29, 2008
Denominations: $100,000 and multiples of $1,000 thereafter
Listing: Dubai International Financial Exchange
Interest: Quarterly
-By Clare Connaghan, Dow Jones Newswires; +44 (0) 20 7842 9496; clare.connaghan@dowjones.com
(END) Dow Jones Newswires
April 18, 2008 04:57 ET (08:57 GMT)
