MDGH Sukuk Limited announces potential market stabilization

Published 28/05/2025, 08:42
© Reuters

LONDON - MDGH Sukuk Limited, with Mamoura Diversified Global Holding PJSC as the obligor, has announced the potential stabilization of its securities, coordinated by HSBC Bank plc. The stabilization period is set to commence today and may extend until July 4, 2025. This initiative is in connection with the offer of securities described as a USD Benchmark fixed due June 4, 2035.

The stabilization measures, which include the possibility of over-allotment up to 5% of the aggregate nominal amount, will be managed by a team comprising HSBC Bank plc, Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Barclays (LON:BARC), Crédit Agricole CIB, First Abu Dhabi Bank, J.P. Morgan, and Mizuho (NYSE:MFG). These actions are intended to support the market price of the securities post-launch, ensuring it remains higher than what might otherwise prevail naturally.

It is important to note that there is no guarantee that stabilization activities will occur, and if they do, they can cease at any time. All operations will be conducted in compliance with applicable laws and rules.

This pre-stabilization notice serves as an informational announcement and should not be construed as an invitation or offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities of the issuer in any jurisdiction.

The offer of the securities is directed exclusively at persons outside the United Kingdom (TADAWUL:4280) or those within it who have relevant professional investment experience or are high net worth entities, as defined by the Financial Services and Markets Act 2000.

Furthermore, the securities mentioned have not been, and will not be, registered under the United States Securities Act of 1933. As such, they may not be offered or sold in the United States absent registration or an exemption from registration, and there will be no public offering of these securities in the United States.

The information in this article is based on a press release statement and is provided for informational purposes only. It does not constitute financial advice or a recommendation to engage in any investment activities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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