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Sukuk.com is a leading provider of in-depth coverage of issued Sukuk covering information on Issuers and Arrangers, as well as detailed Sukuk information covering everything from Coupon Rate to Credit Rating as well as other supporting documentation.

International Finance Corporation (IFC) 2020

Summary
SPV Name:
IFC Sukuk Company 

Notes:
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. The five-year Sukuk will support IFC’s developmental financing activities in the Middle East and North Africa (MENA), and other parts of the world. Investor breakdown: 75% Banks, 20% Official Institutions, 5% Fund Managers  


Profit rate:
0 6-month $ Libor minus 10 basis points
 
Download Documents:
 
Sukuk Details
Type:
Wakala 

Issue Size:
$100 million 

Currency:
USD 

Maturity:
10 September 2020 

Country of Issue:
United States of America 

Tenor:
5 Years 
Issue Date:
10 September 2015 
Sukuk Rating:
IFC is AAA Moody's/AAA S&P, though this sukuk is not rated 
Exchanges:
London Stock Exchange , Nasdaq Dubai/DFM ,  
Arrangers:
Dubai Islamic Bank ,  HSBC ,  National Bank of Abu Dhabi ,  Standard Chartered ,  
Advisors:
Clifford Chance ,  
 
 
 

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