Mubadala's MDGH launches AED 1 bn sukuk, which was 2.3x oversubscribed
The sukuk will be listed on the ADX and London Stock Exchange
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The sukuk will be listed on the ADX and London Stock Exchange
The sale is one of the largest ever for a public company
The funds carry a three-year maturity
The funds will be used to refinance all external debt of GMR Enterprises
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Public debts are expected to exceed 100% of global GDP by 2030
The issuance’s pricing was narrowed to 5.25%
The initial price guidance was set at around 5.75%
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