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Published on 11/19/2019 in the Prospect News Emerging Markets Daily.

Arabian Centres is offering benchmark-sized dollar five-year sukuk

By Rebecca Melvin

New York, Nov. 19 – Arabian Centres Co. Ltd. was offering a benchmark-sized offering of U.S. dollar-denominated five-year sukuk trust certificates to be sold through Arabian Centres Sukuk Ltd. on Tuesday, according to market sources.

Credit Suisse, Emirates NBD Capital, Goldman Sachs International, HSBC, Mashreqbank psc, Samba Capital and Warba Bank are bookrunners for the notes.

The shopping mall owner and operator is based in Saudi Arabia.


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