Books opened up on Thursday on the Government of Sharjah 7-year 500 million euros ($ 521 million) no expand, taken care of price Regulation S Senior unsafe bond offering.
Initial cost ideas remain in mid-swaps + 275 basis factors (bps) location. Settlement day is 13 February 2025.The discount coupon is payable every year.
Abu Dhabi Commercial Bank, Bank of Sharjah, Cr édit Agricole CIB, Emirates NBD Capital, HSBC, IMI-Intesa Sanpaolo and J.P. Morgan will certainly work as joint lead supervisors and joint bookrunners.
The bond will certainly be issued under the Issuer’s Global Medium Term Note Programme and will certainly be noted on the London Stock exchange and Nasdaq Dubai.
(Writing by Brinda Darasha; modifying by Seban Scaria)
brinda.darasha@lseg.com
