Thursday 20, March 2014 by Robin Amlôt

Sabana REIT vehicle issues $90 million Sukuk

Sabana Real Estate Investment Management, manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust  (Sabana  REIT), has announced that Sabana Sukuk, a subsidiary of Sabana REIT has issued $90 million  in principal amount of 4.00 per cent  Fixed Periodic Distribution Trust Certificates due 2018 pursuant to the S$500,000,000 Multicurrency Islamic Trust Certificates Issuance Programme established by the Issuer on 16 April 2013.

Features & Analyses

Investment Banking Creating a diverse bond market

In an exclusive mini roundtable, Nabilah Annuar, Banker Middle East Editor, sits down with Michael Grifferty, President of the Gulf… read more