Breaking News

Shuaa Capital approves $150 million bond issuance

October 17, 2020
islamic finance

DUBAI, 15th October, 2020 (WAM) -- Shuaa Capital has approved the issuance of non-convertible bonds valued at US$150 million in one or more tranches in a private placement.

These bonds will be listed on a market outside the UAE, the company said in an announcement on the website of the Dubai Financial Market where its shares are listed.

During the company's ordinary general meeting (OGM), the shareholders authorised the board to carry out all the actions needed for the issuance, including completing the timing, terms, and pricing details.


Top News

islamic finance

Sharjah Islamic Bank launches the ''Joud...
October 20, 2020
Shuaa Capital approves $150 million bond...
October 17, 2020
ADIB Egypt launches contactless payment ...
October 15, 2020