Abu Dhabi royals-owned firm opens books for expected $300mln Islamic bonds

By 15/09/2022

The Private Department of Sheikh Mohamed Bin Khalid al-Nahyan LLC (PD), a relatively small real estate company owned by members of Abu Dhabi’s ruling family, has given price guidance in the 8.875% area for a sale of three-year sukuk expected to raise $300 million, a bank document showed on Thursday.