Ittihad International’s USD 550 mn sukuk was oversubscribed four times
The benchmark transaction was upsized to USD 550 mn and priced at 7.4%, 50 basis points tighter than initial guidance
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The benchmark transaction was upsized to USD 550 mn and priced at 7.4%, 50 basis points tighter than initial guidance
The offering drew USD 1.3 bn in orders excluding lead manager interest
The T-Sukuk received bids worth AED 4.6 bn
The UAE and Saudi Arabia are expected to be the primary engines of growth
The loan includes AED 1 bn in green financing
Citizens and residents can invest in T-Sukuk with a minimum of AED 4k
The financing attracted 15 regional and international lenders
The fresh funds will help support its expansion across the GCC
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