Islamic Finance

GFH to issue 5-year sukuk of up to $500 mln

BY Staff Writer

16 Jan 2020

News

Salaam Gateway

GFH Financial Group intends to issue a five-year sukuk of up to $500 million, the company said in a statement on Wednesday (Jan 15).

GFH said the sukuk could be issued in one or more tranches and potentially be listed on the London Stock Exchange's International Securities Market.

The Bahrain-based Islamic investment bank said it has hired Societe Generale and Standard Chartered Bank as global coordinators and joint lead managers.

Emirates NBD Capital,KAMCO Investment Company, Masreqbank, Shuaa Capital and Warba Bank will serve as joint lead managers.

Investor meetings will take place fro Jan 15 in Asia, United Arab Emirates and London.

tags:

Sukuk