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.
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