News

Ahli Bank raises US$200mn loan

Ahli Bank raises US$200mn loan

  • Qatari bank makes first foray into the syndicated market.
     
  • Doubles size of the deal after 240% oversubscription for initial US$100mn transaction.
     
  • Barclays, Commerzbank, HSBC and First Gulf Bank act as initial MLAs; joined by seven others in syndication.
Sharjah makes sukuk debut

Sharjah makes sukuk debut

  • Emirate raises US$750mn in 10-year paper.
     
  • Deal heavily oversubscribed, attracting US$7.85bn of orders from 250 investors.
     
  • HSBC, Kuwait Finance House, National Bank of Abu Dhabi, Sharjah Islamic Bank and Standard Chartered arranged the sale.