1. BMA To Launch $106Mn Dinar-Denominated Ijara Sukuk

    ...ture on 20 July 2014. It will give a return of 5.125%, to be paid twice a year, on 20 January and 20 July. The BMA is receiving subscriptions for the sukuk from 11 July until 18 July with the minimum subscription set at BD10,000 ($26,525).   Subscription is  open to all commercial banks and  na...

    Volume: 47
    Issue: 29
    Published at Mon, 19 Jul 2004
  2. Moody’s Assigns Baa3 Rating To BankMuscat Bond Issue

    ...Middle East Economic Survey VOL. XLVII No 24 14-June-2004 RATINGS Moody’s Assigns Baa3 Rating To BankMuscat Bond Issue Ratings agency Moody’s on 9 June assigned a Baa3 long-term domestic currency debt rating to the BankMuscat’s Omani Rial senior fixed rate bonds due on 30 June 2014...

    Volume: 47
    Issue: 24
    Published at Mon, 14 Jun 2004
  3. S&P Affirms Qatar’s RasGas Credit Ratings

    ...VOL. XLVII No 03 19-January-2004 RATINGS S&P Affirms Qatar’s RasGas Credit Ratings Ratings agency Standard and Poor’s (S&P) on 6 January affirmed its BBB+ rating for Ras Laffan Liquified Natural Gas Company’s (RasGas) $800mn bonds (priced at 8.29%) which fall due on 15 March 2014, an...

    Volume: 47
    Issue: 03
    Published at Mon, 19 Jan 2004
  4. Japan Reschedules $202Mn Of Jordan’s Debt

    ...cording to Japanese Ambassador to Jordan Koichi Obata, the amount will be repaid instead by December 2023 with a long-term grace period and at a reduced rate of interest. Official development aid totaling $119mn in principle and interest will be repaid over 10 years beginning in June 2014, while the re...

    Volume: 46
    Issue: 26
    Published at Mon, 30 Jun 2003
  5. India LNG Secures $283Mn Syndicated Term Loan

    ...e each providing $15mn. The margin on the loan, which matures on 3 July 2014, is 230 bps over Libor. It is now going to general syndication and should be disbursed over the next month. The loan is a landmark since it represents the single largest limited recourse financing ever completed for LNG ca...

    Volume: 45
    Issue: 35
    Published at Mon, 02 Sep 2002
  6. S&P Sees Negative Implications For Ras Laffan Bonds

    ...0mn due in 2006 and the second $800mn due in 2014, for the moment both remain rated at the BBB-. S&P said that it "remains concerned that the potential deterioration in credit quality of the majority shareholders could impair the ability of Kogas to honor the terms of the SPA (Sale and Purchase Ag...

    Volume: 41
    Issue: 04
    Published at Mon, 26 Jan 1998