The Second Pakistan International Sukuk Co. Ltd - Islamic Finance Foundation

Sukuk Database

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.

Government of Pakistan 2019

Summary

SPV Name:

The Second Pakistan International Sukuk Co. Ltd

Notes:

The geographical interest of investors was well distributed with 35% subscriptions coming from Europe, 32% from the Middle East, 20% North America and 13% from Asia. The sukuk was five times oversubscribed with offers of 2.3 billion against initial size of $500M which was upped to $1B. Governing law over the Purchase Agreement and the Lease Agreement Laws of Pakistan

Profit rate:

6.75%

Download Documents:

Prospectus, Structure Document

Sukuk Details

Type:

Ijara

Issue Size:

$1 Billion

Currency:

USD

Maturity:

26 November 2019

Country of Issue:

Pakistan

Tenor:

5 Years

Issue Date:

26 November 2014

Sukuk Rating:

Moody's Caa1, Standard & Poor's: B-

Exchanges:

Luxembourg Stock Exchange ,

Arrangers:

Citigroup , Deutsche Bank , Dubai Islamic Bank , Standard Chartered ,

Advisors:

Norton Rose Fulbright ,

Related News

No Record Found

RECENTLY ADDED AND UPDATED CONTENT

SUKUK ARTICLES

Cross Border Sukuk Market Fails to Materialise as Issuance Expected to Decline

Sukuk Innovation Continued in 2020 amid Strong Growth

Sukuk Issuance in Saudi Arabia

ISSUED SUKUK PROFILES: DOCUMENTS AND PRICES

First Abu Dhabi Bank 2026
Islamic Corporation for the Development of the Private Sector 2025
Kingdom of Bahrain 2027

SUKUK WHO'S WHO

IF Consult, Bahrain
Bank Negara Malaysia, Malaysia
Warba Bank, Kuwait

Data and information provided on this site is not warranted, it maybe incorrect and/or incomplete. By continuing to browse this site you are accepting to our use of cookies and that information provided is not warranted.

Latest Updates