Abu Dhabi sovereign wealth fund Mubadala Investment Company (MUDEV.UL) has picked banks for its debut 10-year sukuk, a document seen by Reuters on Monday showed.
Mubadala, through its unit Mamoura Diversified Global Holding, has appointed ADCB, First Abu Dhabi Bank And HSBC as joint global coordinator © Mena Today
Abu Dhabi sovereign wealth fund Mubadala Investment Company (MUDEV.UL) has picked banks for its debut 10-year sukuk, a document seen by Reuters on Monday showed.
Mubadala, through its unit Mamoura Diversified Global Holding, has appointed ADCB, First Abu Dhabi Bank And HSBC as joint global coordinators, while ADIB, BOFA Securities, Citi, Emirates NBD Capital, MUFG And Standard Chartered Bank are working on the deal as joint lead managers and bookrunners, the document said.
The banks will arrange investor meetings starting March 25 followed by a benchmark-sized, U.S. dollar denominated 10-year senior unsecured sukuk under MDGH Sukuk Limited’s newly established Trust Certificate Issuance Programme, the document added.
Reporting by Mohammad Edrees
Two Israeli banks will halt working with their Palestinian counterparts in the coming months citing risks of associating with possible terrorism financing and money laundering, Israeli officials said, fuelling concerns of a Palestinian economic crisis.
Civil society groups have called on Malaysian billionaire tycoon Syed Mokhtar Al-Bukhary to revoke the appointment of Sultan Ahmed Bin Sulayem as executive chairman of logistics giant MMC Port Holdings due to his alleged ties to the late Jeffrey Epstein.
The Secretary-General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudaiwi, condemned Iranian attacks on civilian infrastructure in Bahrain, Jordan and Kuwait on Saturday, describing them as "war crimes."
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.