Sharjah Government issues $750M sustainable bond, attracting $4B order book interest.

The Government of Sharjah issued a $750 million sustainable bond, attracting investor interest with an order book surpassing $4 billion. The 12-year US dollar-denominated bond was priced at 195 basis points over US Treasuries, showcasing robust demand and investor confidence in the region's credit story. Bank of Sharjah, a major UAE commercial bank, served as the joint lead manager and bookrunner for the transaction.

March 03, 2024
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