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Sukuk.com is a leading provider of in-depth coverage of issued Sukuk covering information on Issuers and Arrangers, as well as detailed Sukuk information covering everything from Coupon Rate to Credit Rating as well as other supporting documentation.

Government of Pakistan 2019

Summary
SPV Name:
The Second Pakistan International Sukuk Co. Ltd 

Notes:
The geographical interest of investors was well distributed with 35% subscriptions coming from Europe, 32% from the Middle East, 20% North America and 13% from Asia. The sukuk was five times oversubscribed with offers of 2.3 billion against initial size of $500M which was upped to $1B. Governing law over the Purchase Agreement and the Lease Agreement Laws of Pakistan  


Profit rate:
6.75%
 
Download Documents:
Prospectus,  Structure Document
 
Sukuk Details
Type:
Ijara 

Issue Size:
$1 Billion 

Currency:
USD 

Maturity:
26 November 2019 

Country of Issue:
Pakistan 

Tenor:
5 Years 
Issue Date:
26 November 2014 
Sukuk Rating:
Moody's Caa1, Standard & Poor's: B- 
Exchanges:
Luxembourg Stock Exchange ,  
Arrangers:
Citigroup ,  Deutsche Bank ,  Dubai Islamic Bank ,  Standard Chartered ,  
Advisors:
Norton Rose Fulbright ,  
 
 
 

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