menu

Sukuk Database

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.

Al Baraka Turk Participation Bank 2019

Summary
SPV Name:
Bereket Varlik Kiralama 

Notes:
Oversubscribed, with value of subscription reaching $750m. The Sukuk represents Albaraka Türk's second international Sukuk issuance following the issuance of their Tier 2 Sukuk in 2013. Investors: 61pc from Middle East, 31pc from Europe and 8pc from Asia. In terms of investors, 80pc were banks and financial institutions, 8pc funds, 6pc hedge funds and 6pc agencies. 


Profit rate:
6.25%
 
Download Documents:
 
Sukuk Details
Type:
Hybrid 

Issue Size:
$350,000,000 (350 Million Dollars) 

Currency:
USD 

Maturity:
30 June 2019 

Country of Issue:
Turkey 

Tenor:
5 Years 
Issue Date:
01 July 2014 
Sukuk Rating:
BB by Standard & Poors. 
Exchanges:
Arrangers:
Advisors:
 
 
 

Related News

 

No Record Found

RECENTLY ADDED AND UPDATED CONTENT

 
 Modal