Middle East deal of the year – Emirate of Dubai

- Credit staff
- 06 Dec 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Issuer: Government of Dubai
Size of deal: $1.25 billion
Date of issue: September 29, 2010
Tranche size: $500 million (2015); $750 million (2020)
Coupon: 6.7%; 7.75%
Spread: UST + 542.7bp; UST + 527bp

Dubai’s dual-tranche dollar transaction marked the return to prominence for the emirate after the resolution of the Dubai World crisis, which dented investor confidence at the end of 2009.

According to Abdul Rahman Al Saleh, director-general in the Dubai government’s finance department, the deal

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net

More on Awards

Awards

Environmental products house of the year: ENGIE

ENGIE is driving change in energy transition, with a strong focus on renewable energy and the liberalisation of power markets in Apac, which presents significant long-term growth opportunities. In recognition of its efforts, ENGIE GEMS has been named…

31 Oct 2024

Awards

Natural gas/LNG house of the year: ENGIE

ENGIE continues to expand its services to better serve firms in Apac dealing with the challenges of energy risk management and supply

29 Oct 2024

Awards

FRTB management solution of the year: Bloomberg

Amid the diverging timeframes and complex requirements of FRTB, Bloomberg offers a consistent, comprehensive and customisable solution for Apac banks preparing for implementation

23 Oct 2024

Awards

Newcomer of the year: Topaz Technology

Jon Fox and former colleagues formed Topaz Technology in 2015. Having seen many different systems and, in some cases, written and built a few themselves, there was always something missing, leading them to build a system that unifies risk reporting and…

22 Oct 2024

Awards

Technology vendor of the year: Murex

As a technology vendor, Murex places adaptability front and centre of everything it does, constantly enriching its MX.3 platform to ensure institutions can respond to new market opportunities as soon as they spot them