Mubadala Launches $ Sukuk Offering

  Published 1 year ago

Abu Dhabi's Mubadala is issuing 10-year USD-denominated Islamic bonds (sukuk) with initial pricing around 95 bps over US Treasuries. This follows recent bond sales from Aramco and Saudi Arabia's PIF, despite global trade tensions.

  • Mubadala seeks funding via Mamoura Diversified.
  • Initial pricing: 95 bps over US Treasuries.
  • ADCB, FAB, HSBC, and JPMorgan lead the offering.
You might like these

HUL Names Former Hero CEO as New CFO

CreditAccess Grameen Shares Soar 6.6% on Record Disbursements, Improved Asset Quality

Mexico Inflation Rises, Rate Cuts in Doubt

Rupee Faces Headwinds Despite Initial Gains

Yuan Weakens as China Signals Support Fade

Titan Buys 67% Stake in Damas

NSE Settles with SEBI for $160M to Push IPO

News that matters the most ⚡