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.

Africa Finance Corporation 2020

Summary
SPV Name:
AFC Sukuk Company 

Notes:
The initial target of $100 million was more than twice oversubscribed, resulting in the transaction being upsized to $150 million and a final order book of approximately $230 million. IFirst Sukuk to be issued by an African supranational entity and was offered to international investors outside of the United States on a private placement basis. AFC Sukuk Company incorporated in Cayman Islands. Reg S Sukuk facility. Approximately 63% of the investors hailed from Asia, 23% from the Middle East, 13% from Africa and the other regions making up the remaining 1%.  


Profit rate:
6m$L+200bps
 
Download Documents:
 
Sukuk Details
Type:
Murabaha 

Issue Size:
$150 million 

Currency:
USD 

Maturity:
24 January 2020 

Country of Issue:
Nigeria 

Tenor:
3 years 
Issue Date:
27 January 2017 
Sukuk Rating:
Moody’s: A3 senior unsecured 
Exchanges:
Arrangers:
Advisors:
 
 
 

Related News

 

No Record Found

RECENTLY ADDED AND UPDATED CONTENT

 
 Modal