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The Reg S trust certificates were priced at par with a spread of 70 bps over SOFR, tightening from initial price thoughts (IPTs) of SOFR plus 80 bps. Watch the Zawya video here:
VIDEO: Arab Energy Fund prices $500mln 5-year sukuk as demand tops $900mln
The Arab Energy Fund (TAEF) has priced its $500 million, five-year senior unsecured sukuk at a profit rate of 4.686% on strong investor demand
June 11, 2026
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