Published on 3/29/2017 in the Prospect News Emerging Markets Daily.
New Issue: Qatar’s Ezdan prices $500 million 4 7/8% notes due December 2022
By Christine Van Dusen
Atlanta, March 29 – Qatar’s Ezdan Holding Group priced $500 million notes due Dec. 31, 2022 with a coupon of 4 7/8% on Wednesday, a market source said.
Dubai Islamic Bank, Emirates NBD, HSBC, Mashreqbank, Natixis and Standard Chartered Bank were the bookrunners for the deal.
Other details were not immediately available on Wednesday.
The issuer is a real estate developer.
| Issuer: | Ezdan Holding Group
|
| Amount: | $500 million
|
| Maturity: | Dec. 31, 2022
|
| Description: | Notes
|
| Bookrunners: | Dubai Islamic Bank, Emirates NBD, HSBC, Mashreqbank, Natixis, Standard Chartered Bank
|
| Coupon: | 4 7/8%
|
| Trade date: | March 29
|
| Settlement date: | April 5
|
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