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GFH issues fixed rate, 5-year USD 500,000,000 Trust Certificates under its newly established Sukuk issuance programme

Nov 18, 2024

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GFH Financial Group B.S.C. ("GFH"), a diversified financial group headquartered in Bahrain has, through GFH Senior Sukuk Limited's newly established Sukuk issuance programme, issued fixed rate, 5-year, benchmark, Regulation S, senior, unsecured USD 500,000,000 Trust Certificates.

Al Rajhi Capital, Abu Dhabi Islamic Bank, Bank ABC, Emirates NBD Capital, J.P. Morgan, Kamco Invest, Mashreq, Sharjah Islamic Bank, Standard Chartered Bank and Warba Bank acted as the Joint Lead Managers. 

Walkers (Dubai) acted as Cayman Islands legal counsel to GFH in the programme establishment and drawdown. Walkers also assisted GFH with a parallel tender offer and consent solicitation exercise in respect of GFH Sukuk Company Limited's outstanding USD 500,000,000 Regulation S only 7.500% Senior Unsecured Trust Certificates (ISIN: XS2100582142). 

Walkers team was led by Partner, Ciaran Bohnacker and Senior Associate, Szymon Durlo.  

Media Contact

Shana Ray

Head of Business Development - Asia and Middle East

T/+852 2596 3302
M/+852 9030 6084
E/Email Shana Ray

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Ciaran Bohnacker
Ciaran Bohnacker

Ciaran Bohnacker

Partner

Dubai

T

+971 4 363 7901

M

+971 56 644 2032

E

Email Ciaran Bohnacker
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Szymon Durlo
Szymon Durlo

Szymon Durlo

Senior Associate

Dubai

T

+971 4 363 7908

M

+971 50 125 6115

E

Email Szymon Durlo
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