SHUAA Capital pays in full 2017 $100 million bond

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

By Staff Report

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Top Stories

The new bond is listed on the London Stock Exchange’s International Securities Market.
The new bond is listed on the London Stock Exchange’s International Securities Market.

Published: Tue 3 Nov 2020, 12:54 PM

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


More news from