Burjeel Holdings Prices First MENA Healthcare Sukuk Since 2018, 3.2x Oversubscribed (opens original article in a new tab)

Burjeel Holdings priced its first MENA healthcare Sukuk since 2018 at 7.000% profit rate and 7.125% yield, attracting 3.2x oversubscription with USD 1.6 billion in orders, primarily from international investors.

• Burjeel Holdings priced its first USD 500 million Sukuk offering at 7.000% profit rate and 7.125% yield
• The Sukuk was 3.2x oversubscribed with USD 1.6 billion in orders
• International investors accounted for 61% of the final allocation, with UK and US Offshore investors leading