IslamicFinance.de

A bond with an Issue Amount of $500 million priced on Wednesday. Borrower is Al Shindagha Sukuk Limited, Obligor Dubai Aviation Corporation. Its Maturity Date is 11/26/2019. Following are terms and conditions of the bond: Coupon 3.776 pct; Reoffer price Par; Spread 200 basis points; Underlying govt bond Over the midswaps, equivalent to 212.7 basis points over the 1.5 pct October 2019 UST; Payment Date November 26, 2014; Lead Manager(s) ENBD Capital , Credit Agricole & HSBC; Listing Nasdaq Dubai & Irish Stock Exchange.