This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
QIIB Launches Tender Offer for its 4.875% Perp Sukuk
September 20, 2024
Qatar International Islamic Bank (QIIB) has launched a tender offer for its 4.875% Perp Tier1 sukuk notes, according to the press release by the company. The tender offer commences on 19 September and will expire on 25 September. The company is looking to purchase back entire $300mn of notes, at par for cash under the tender offer. Simultaneous to the tender offer, the company has launched a mandate for AT1 notes to refinance the existing notes.
Its’ 4.875% Perp notes traded stable at 100, yielding 4.4%.
For more details, click here
Go back to Latest bond Market News
Related Posts:
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.