Arabian Centres Sukuk II Ltd

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Arabian Centres Sukuk II Ltd

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
HYC	REAL	PRCD	-	Arabian Centres Sukuk II Ltd	$650		1	EMEA	Mar 30, 2021

Tranche #1Arabian Centres Sukuk II Ltd

currency

USD

size (m)

650.000

maturity

Oct 7, 2026

type

Fixed

tenor

5.500

call

registration

144A/Reg S

benchmark

Tsy

ranking

Sr. Unsecured

moody's

Ba2

s&p

fitch

BB+

re-open/tap

ipt

5.875% a

ipt-pxd

guidance

5.625-5.75% (+/-12.5)

spread

470.8

coupon

5.625%

spread set

price

100.00000

yield

5.625%

book size (m)

1,350

peak book (m)

x-covered

2.08

book attrition

nic

left lead

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,350

peak book (m)

x-covered

2.08

book attrition

nic

left lead

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

5.5 yr: Book size: 1350; Registration: 144A/Reg S; Comments: USD650m long 5yr sukuk RegS/144a. Ba2/NR/BB+. GCs CS/GS(B&D)/HSBC, Albilad/JPM/Kamco/Warba. IPTs 5.875% area, guidance 5.75% (+/-12.5 WPIR) for exp 650m, launch 650m @5.625%, bk >1.35bn (150m JLM), CT5+470.8bps / 99-06 / 0.917%;

Deal Comments

Sukuk Bond

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