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SHUAA Capital pays in full 2017 $100 million bond

Staff Report/dubai
Filed on November 3, 2020
The new bond is listed on the London Stock Exchange’s International Securities Market.

(Supplied photo)

The redemption follows the recent successful closing of a new three-year bond

Shuaa Capital, the asset management and investment banking platform in the region, on Tuesday announced that it has paid in full the $100 million bond issued in November 2017 by ADFG FC Limited.

The redemption follows the recent successful closing of a new three-year bond, which saw Shuaa raise $150 million in the first high yield issuance in Mena since the onset of Covid-19. The new bond is listed on the London Stock Exchange’s International Securities Market.

— business@khaleejtimes.com





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