AL KHALIJI ANNOUNCES THE PRICING OF UNSECURED BONDS WORTH US $ 500 MILLION
Al Khalij Commercial Bank (al khaliji) announces its successfully priced it's benchmark Reg S senior unsecured 5 year Bonds for US $ 500 m under its EMTN programme. The order book was more than 3 times oversubscribed, attracting over $1.6 billion in orders from a number of international and local investors. The Bonds carry a fixed coupon of 4.75%., with a re-offer yield of 4.822%.
Comments