trending Market Intelligence /marketintelligence/en/news-insights/trending/AXDRjfJjvMhiL-X2jdAh6Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In This List

Aldar Properties unit eyes sale of $500M sukuk

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview

Aldar Properties unit eyes sale of $500M sukuk

Aldar Properties PJSC unit Aldar Investment Properties LLC is looking to sell $500 million worth of 10-year sukuk, or Islamic bonds, Reuters reported, citing a document issued by one of the banks leading the transaction.

The bonds carry an initial price guidance of approximately 260 basis points over mid-swaps, and deal closing is expected Oct. 15, the news agency added.

The Abu Dhabi-based property developer tapped Dubai Islamic Bank, First Abu Dhabi Bank, HSBC and Standard Chartered to coordinate the sale, Reuters noted.