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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
REAL
PRCD
-
Arabian Centres Sukuk IV Ltd$500
1EMEA
Nov 24, 2025
currency
USD
size (m)
500.000
maturity
Dec 4, 2030
type
Fixed
tenor
5.000
call
2.00
registration
Reg S Only
benchmark
Tsy
ranking
Sr. Unsecured
moody's
-
s&p
B+
fitch
BB
size description
-
re-open/tap
No
ipt
9.375% area
ipt-pxd
-
guidance
-
spread
550.3
coupon
8.87%
spread set
-
price
99.01400
yield
9.125%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
ADC, CTI, EMN, GSC, ...
joint leads
ARQ, DIB, FAB, JPM, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
ADC, CTI, EMN, GSC, ...
joint leads
ARQ, DIB, FAB, JPM, ...
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
First Pay: 2026-06-04; Redemption: 2027-12-04; Registration: Reg S Only; Comments: USD500m 5NC2 fxd cpn 8.87% at 99.014, yld 9.125%. Spread: T+550.3 vs 3.625% 10/31/30. MWC: 50bps. B&D: GSC;
Deal Comments
Sukuk Bond
Use of Proceeds
General corporate purposes, including the refinancing of the Oct-2026 Sukuk, and repayment of existing bank debt

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