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ESIC issues $600mln sukuk

On 23 July 2019, Emirates Strategic Investments Company  100% owned by His Highness Sheikh Mansour Bin Zayed Al Nahyan, rated Baa3 by Moody’s with a stable outlook, successfully priced a debut USD 600 million Sukuk with a tenor of 5 years at a profit rate of 3.939%, which was 35bps…

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Source: Emirates Strategic Investment Company

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