Saturday 27 August 2016
 
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Issuance

Sipchem completes $266m five-year sukuk issue

Saudi International Petrochemical Co (Sipchem) has completed a SAR1 billion ($266.6 million) sukuk, it said on Thursday. The five-year issue was priced at 235 basis points over the six-month Saudi Arabia Interbank Offered Rate (SA

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Sipchem completes $266m five-year sukuk issue

Saudi International Petrochemical Co (Sipchem) has completed a SAR1 billion ($266.6 million) sukuk, it said on Thursday. The five-year issue was priced at 235 basis points over the six-month Saudi Arabia Interbank Offered Rate (SA

More…

Sipchem completes $266m five-year sukuk issue

Saudi International Petrochemical Co (Sipchem) has completed a SAR1 billion ($266.6 million) sukuk, it said on Thursday. The five-year issue was priced at 235 basis points over the six-month Saudi Arabia Interbank Offered Rate (SA

More…

Saudi Sipchem says board approves sukuk issuance

Saudi International Petrochemical Co (Sipchem) said on Monday that its board had approved issuance of sharia-compliant bonds. The firm appointed Riyad Capital and NCB Capital as lead managers for the issue of sukuk, it said in a b

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Saudi Sipchem says board approves sukuk issuance

Saudi International Petrochemical Co (Sipchem) said on Monday that its board had approved issuance of sharia-compliant bonds. The firm appointed Riyad Capital and NCB Capital as lead managers for the issue of sukuk, it said in a b

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Saudi Sipchem says board approves sukuk issuance

Saudi International Petrochemical Co (Sipchem) said on Monday that its board had approved issuance of sharia-compliant bonds. The firm appointed Riyad Capital and NCB Capital as lead managers for the issue of sukuk, it said in a b

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Saudi's NCB settles issuance of $719m sukuk

Saudi Arabia's National Commercial Bank (NCB) has completed a subordinated Additional Tier 1 Capital Sukuk worth worth SR2.7 billion ($719.54 million), the company announced in a bourse statement on Wednesday.  

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Clifford Chance advises on $100m issuance by IFC

Clifford Chance, a leading global law firm, has advised on the issuance of $100 million floating rate, amortising trust certificates due 2020 issued by International Finance Corporation (IFC). The Issuance was completed on Septemb

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DHA links insurance scheme to visa issuance, renewal

The Dubai Health Authority (DHA) has linked the health insurance scheme to visa issuance and renewal  to ensure that all employers and sponsors comply with their responsibilities. The authority has partnered with the General

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BBK's $400m bond issue ‘a big success’

Bank of Bahrain and Kuwait (BBK) has announced the closing of a bond issuance of $400 million. The issuance of an international senior unsecured bond with a five-year maturity date targeted professional investors in the Middle Eas

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