Dubai's Damac Properties said on Tuesday that it has raised $100 million through private placement of 18-month sukuk certificates.
The certificates, rated BB by Standard & Poors, were issued by its unit Damac Real Estate D
Kuwait-based Mezzan Holding, a top manufacturer and distributor of food, beverage, FMCG, and pharmaceutical products in the Gulf, has started the private placement of a secondary offering of up to 88.95 million shares.
Daman Investments, a leading UAE-based regional investment management company, said it has successfully completed a capital increase through a private placement with an investment of Dh99.9 million ($27.1 million).
Daman said the company m
NCB Capital has successfully concluded its private placement which raised SR280 million ($74.67 million) invested in its real estate development fund, a closed fund that invests in the development of residential villas in the north of Riyadh.
Gulf Inter-national Bank (GIB) has completed the pricing and closing of a three-year $300 million Sukuk Al Murabaha private placement.
The sukuk certificates will pay a profit rate of six-month US dollar Libor plus 130 base points on a sem
The National Bank of Abu Dhabi (NBAD) issued $20 million in a landmark 25 year private placement under its $5 billion Euro Medium Term Note (EMTN) programme.
Standard Chartered Bank is acting as sole bookrunner for the placement, said the
Al Rifai International has completed a $15 million capital increase through a private placement of shares.
The offering attracted both local and regional investors who fully subscribed to the offering.
MedSecurities Investments, a
Esdarat Holding Company (Esdarat), with an authorized capital of around $377 million, has launched a private placement of 600 million shares to fund its real estate project in Makkah.
The project is estimated to cost&nb
Etihad Shipping and Navigation Company has announced the private placement of 1.2 billion shares with a nominal value of BD0.100 each.
Etihad Shipping is a Bahraini closed shareholding company with a capital of BD120 million.