QIB Sukuk Ltd 

Series 4 Issue - Order book was 2.93x oversubscribed (closed at circa $2.2bn). QIB was able to efficiently price the transaction, with its 2020 Sukuk seen trading in the context of 120bps over mid-swaps on the day. $750m 5-year RegS only Sukuk offering. The Sukuk was issued at par with an annual profit rate of 3.251percent (payable semi-annually), representing a spread of 135bps over 5-year mid-swaps. 

3.251%

Prospectus,  Offering Circular,  Structure Document

Wakala 

$750 million 

USD 

23 May 2017 

Qatar 

5 years 

23 May 2017 

Moody's: A1 S&P: A- Fitch: A+ 

Irish Stock Exchange ,  

Citigroup ,  Emirates NBD ,  HSBC ,  Noor Bank ,  Qinvest ,  Standard Chartered ,