DEAL: Bahrain's first benchmark-size sukuk issuance.

• Autores: Amélie Labbé
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 45, 2016, 11 págs.
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article reports that the Kingdom of Bahrain has closed its 1-billion dollar issuance of 8-year sukuk or Islamic bonds in an effort to recover losses from low oil revenues. It notes that the sukuk pricing posted 5.625 percent at the Irish stock exchange and was expected to attract a more diverse group of global investors. It mentions that the sukuk was issued with a parallel 1-billion dollar eurobond that was offered to more investors from the U.S.