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Published on 9/15/2022 in the Prospect News Emerging Markets Daily.

UAE’s PD Sukuk to price $300 million fixed-rate notes due 2025

By Marisa Wong

Los Angeles, Sept. 15 – PD Sukuk Ltd. is expected to price $300 million of fixed-rate securities due Sept. 23, 2025, according to a notice.

The securities will be guaranteed by Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC.

HSBC Bank plc is the manager.

The real estate company is based in Abu Dhabi, United Arab Emirates.


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