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FAB Sukuk Company Limited

Summary
SPV Name: FAB Sukuk Company Limited
Address:
Notes: The five-year sukuk was three times oversubscribed with a total order book of around $1.5 billion. The sukuk’s investor base comprised 53% international and 47% from the Middle East and North Africa. The placement to Islamic investors was 76%, according to FAB. ISIN: XS2282234090
Secondary Market Price:
Exchange Listed: 921
Price Provider:
Coupon Rate: 1.411%
Download Documents
Prospectus, Offering Circular, Structure Document
Sukuk Details
Type: Wakala
Issue Size: $500 million
Currency: USD
Maturity: 14 January 2026
Country of Issue: United Arab Emirates
Tenor: 5 years
Issue Date: 14 January 2021
   
Sukuk Rating:
Exchangers: London Stock Exchange ,
Arrangers:
Book Runners:
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