Aldar Investment Properties LLC

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Aldar Investment Properties LLC

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	REAL	PRCD	-	Aldar Investment Properties LLC	$500		1	EMEA	May 17, 2023

Tranche #1Aldar Investment Properties LLC

currency

USD

size (m)

500.000

maturity

May 24, 2033

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

Tsy

ranking

Sr. Unsecured

moody's

Baa1

s&p

fitch

size description

re-open/tap

ipt

T+185 a

ipt-pxd

guidance

T+160 a

spread

150

coupon

4.875%

spread set

price

98.73200

yield

5.038%

book size (m)

2,200

peak book (m)

x-covered

4.4

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

2,200

peak book (m)

x-covered

4.4

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Book size: 2200; Registration: Reg S Only; Comments: USD500m 10yr bmk snr unsec green sukuk RegS. Baa1. Glocos HSBC(B&D)/StCh, JLMs/JBs ADCB/ADIB/DIB/ENBD/1ADB/Mashreq. IPTs T+185 area for 500m WNG, guidance T+160 area, launch T+150 for 500m. Books subj 2.2bn+ ex JLM (peak 2.3bn+). T 3.375% 05/33, 98-20+ / 3.538%. CoC: Yes. Distribution: MENA 54%, Eur/UK 37%, Asia 9%. FM 55%, Bks/PB 43%, Corp/Ins/Other 2%;

Deal Comments

Green Sukuk Bond

Use of Proceeds

Financing, refinancing and/or investing, in whole or in part, Eligible Green Projects

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