Demand 20 times initial targeted issuance size, reflecting strong investor appetite
sukuk
Posted inExploration & Production
Saudi Aramco raises $6 billion in its first sukuk
Saudi Arabian oil group Aramco returns to the international debt markets with its first U.S. dollar-denominated Islamic bond sale comprising three tranches
Posted inDRILLING & PRODUCTION
Dana Gas shareholders support $700mn consensual sukuk restructuring
The transaction represents an accretive and optimal outcome for all the parties, providing a satisfactory solution to the issues surrounding both the company’s capital structure and the uncertain legal position of the sukuk.