Bank of Sharjah delays pricing of five-year benchmark dollar notes until Feb. 20 week

By Christine Van Dusen

Atlanta, Feb. 16 – United Arab Emirates-based Bank of Sharjah has delayed pricing of a benchmark-sized offering of dollar-denominated notes due in five years until the Feb. 20 week, a market source said.

The issuer is waiting until it has received approval from the central bank to release audited financial statements from 2016.

Bank ABC, Emirates NBD Capital, JPMorgan and National Bank of Abu Dhabi are the bookrunners for the Regulation S deal.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.