The Jeddah-based Islamic Development Bank sold $1.5 billion in five-year sukuk on Thursday, a document showed, which it will use to finance projects in member countries responding to the coronavirus pandemic.
The Jeddah-based Islamic Development Bank set the spread for its five-year U.S. dollar-denominated sukuk at 55 basis points over midswaps, a bank document showed on Thursday, tightening by 15 bps from where it began marketing the sale on...
Prudential has sold a minority stake in its U.S. business, Jackson, to Apollo Global-backed Athene Holding for $500 million, the insurer said on Thursday, in the first phase of its plan to exit the U.S. insurance market. The...
The Jeddah-based Islamic Development Bank tightened price guidance for its five-year U.S. dollar-denominated sukuk to 60 bps plus or minus 5 bps over midswaps, a bank document showed on Thursday.
A new, state-controlled Alitalia will not be in competition with the low-cost carriers operating in the country, Italy's transport minister said after meeting with officials of Ryanair, Easyjet and other airlines.
Sharjah Islamic Bank is expected to sell $500 million in five-year U.S. dollar-denominated sukuk at 2.9% plus or minus 5 basis points, a document showed on Tuesday.
China Pacific Insurance launched a London listing on Friday to raise up to $2.15 billion, reviving a scheme to build investment links between the two countries after a series of delays.
Ocado, the British online supermarket and technology group, plans to raise 1 billion pounds ($1.3 billion), giving it more firepower to capitalise on the rapid growth of the online grocery market triggered by the coronavirus crisis.
Ocado, the British online supermarket and technology group, plans to raise just over 1 billion pounds ($1.3 billion) through an equity raise and bond issue to give it the firepower to take advantage of future opportunities.