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Prospect News home > News index > List of issuers E > Headlines for Emaar Properties PJSC > News item
Published on 1/26/2011 in the Prospect News Emerging Markets Daily.

UAE's Emaar whispers $2 billion 5.5-year sukuk notes at 8 5/8% area

By Christine Van Dusen

Atlanta, Jan. 26 - Dubai's Emaar Properties whispered its planned $2 billion sukuk issue of 5.5-year notes (B1) at a yield in the 8 5/8% area, a market source said Wednesday.

HSBC, RBS and Standard Chartered are the bookrunners for the Regulation S-only deal.

Emaar Properties is a property developer.


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