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.
Islamic Corporation for the Development of the Private Sector 2025
ICDPS Sukuk Limited
The Sukuk is subscribed by 37 international and regional investors. The orderbook exceeded USD 1.5 billion and ICD released a price guidance at MS + 160 bps area.
The diversity of the orderbook saw investors from 33 countries in Europe, Asia and the Middle East. More specifically, 7% of the transaction was allocation to UK/Europe, 21% to Asia, 72% to the Middle East. By investor type, fund managers were allocated 9%, Banks/Private Banks 59%, Agencies/Central Banks 29% and Others 3%.
The largest Sukuk issuance by ICD since inception and double the amount from its inaugural issuance in 2016 of USD300 million, despite the institution’s absence from the capital markets over the last four years.