Barwa Bank $2 billion trust certificate programme

24/11/2015

Bond/note programme, Sukuk

Value:

$ 2 billion

Status:

Completed

Date:

24/11/2015

Overview:

Barwa Bank has established a $2 billion sukuk (Islamic bond) trust certificate programme.
The certificates established by SPV BBG Sukuk will be issued on the Irish Stock Exchange.
The certificates are backed by Qatari real estate assets.
The deal is being arranged by Citigroup.

Sam Duke - Editor

Jurisdictions:

Ireland
Qatar

Deal types:

Bond/note programme
Sukuk

Practice areas:

Capital markets : Debt
Islamic finance

Industry sector:

Banking

Firms:

Al Tamimi & Company in association with Advocate Mohammed Al-Marri

Party: Barwa Bank (Issuer)

Allen & Overy

Party: Citigroup (Arranger)

Linklaters

Party: Barwa Bank (Issuer)

Maples Group

Party: Barwa Bank (Issuer)

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