search
search
menu

Latest Updates

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

Al Rayan Bank, United Kingdom
European Islamic Investment Bank (EIIB), United Kingdom
Iran Fara Bourse, Iran

 
 Modal