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https://www.sharjah24.ae/en/Articles/2022/10/21/Arada-successfully-closes-100-mn-tap-of-Sukuk-issuance
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Arada successfully closes $100 mn tap of Sukuk issuance - Sharjah24
10/21/22 at 6:11am
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Sharjah24.ae
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Sharjah 24
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54 words
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Business & Industrial
Finance
Sukuk
Arada
Sukuk issuance
investor yield
London Stock Exchange
Sharjah24: Arada has successfully closed a $100 million tap of its existing $350 million Sukuk, which was issued in June and listed on the London Stock Exchange. The tap was priced at 99 cents on the dollar, with an investor yield of 8.386%.
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