{"id":13019,"date":"2019-09-21T14:11:24","date_gmt":"2019-09-21T14:11:24","guid":{"rendered":"https:\/\/onplan.ae\/emaar-properties-10-yr-sukuk-issue-attracts-2-5bn-orders\/"},"modified":"2019-09-21T14:11:24","modified_gmt":"2019-09-21T14:11:24","slug":"emaar-properties-10-yr-sukuk-issue-attracts-2-5bn-orders","status":"publish","type":"post","link":"https:\/\/onplan.ae\/ar\/emaar-properties-10-yr-sukuk-issue-attracts-2-5bn-orders\/","title":{"rendered":"Emaar Properties\u2019 10-yr sukuk issue attracts $2.5bn orders"},"content":{"rendered":"<div>\n<p><strong>Dubai \u2013 Mubasher:<\/strong> <a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/EMAAR\">Emaar Properties<\/a>, a leading global property developer, has raised $500 million from the sale of the 10-year US dollar-denominated sukuk, according to a document issued by one of the banks managing the deal.<\/p>\n<p>The sukuk issuance has received orders of around $2.5 billion, including $300 million of interest from the banks arranging the deal, Reuters reported, citing the document.<\/p>\n<p>The transaction is part of a $2 billion debt programme which offers investors between 250 and 255 basis points over mid-swaps.<\/p>\n<p>Earlier this month, Emaar announced it <a href=\"https:\/\/english.mubasher.info\/news\/3525644\/Emaar-Properties-appoints-banks-for-10-yr-sukuk-issue\">had appointed<\/a> Standard Chartered Bank as sole global coordinator of the 10-year sukuk issue and Dubai Islamic Banks as Shariah advisor.<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<div>\n<p><strong>Dubai \u2013 Mubasher:<\/strong> <a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/EMAAR\">Emaar Properties<\/a>, a leading global property developer, has raised $500 million from the sale of the 10-year US dollar-denominated sukuk, according to a document issued by one of the banks managing the deal.<\/p>\n<p>The sukuk issuance has received orders of around $2.5 billion, including $300 million of interest from the banks arranging the deal, Reuters reported, citing the document.<\/p>\n<p>The transaction is part of a $2 billion debt programme which offers investors between 250 and 255 basis points over mid-swaps.<\/p>\n<p>Earlier this month, Emaar announced it <a href=\"https:\/\/english.mubasher.info\/news\/3525644\/Emaar-Properties-appoints-banks-for-10-yr-sukuk-issue\">had appointed<\/a> Standard Chartered Bank as sole global coordinator of the 10-year sukuk issue and Dubai Islamic Banks as Shariah advisor.<\/p>\n<\/p><\/div>","protected":false},"author":1,"featured_media":13020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[953],"tags":[],"class_list":["post-13019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-investments"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/13019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/comments?post=13019"}],"version-history":[{"count":0,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/13019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media\/13020"}],"wp:attachment":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media?parent=13019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/categories?post=13019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/tags?post=13019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}