HSBC bank, the paying agent for Amlak has said the Islamic mortgage lender will make the next repayment on its $100m Sukuk on schedule on January 18, Meed has reported. The Sukuk pays 120 basis points above the London interbank offered rate (Libor) and is listed on the Dubai Financial Market. It has a tenor of 5 years and is due to mature in July 2010.
Subscribe to MEED to receive your choice of premium newsletters
 |
 |
 |
 |
Identify and track projects across the Middle East and North Africa through MEED Projects. Subscribers can track projects, conduct trend analysis, forecast, produce strategic reports and ultimately win new business.
Middle East data, research and analysis - from broad macroeconomic statistics to specific sector data, MEED Insight can help you accurately and cost effectively forecast market growth and trends.
MEED Events provide high profile speakers, relevant and critical business content and the latest news from across the GCC. With a portfolio that includes large-scale summits, two-day industry specific conferences and unique networking opportunities.
Site powered by Webvision
Share
