Commenting on the announcement, al khaliji's Group CEO, Fahad al Khalifa said,"This $500 million transaction was the second benchmark issue
by the bank after its debut issuance in 2013." He said the bank regularly accesses capital markets under its EMTN and CP/CD programmes.
The deal is the third benchmark issue
for APICORP following a highly successful Sukuk in October 2017, with over 80 per cent of the deal placed with international accounts and 36 per cent of the bonds allocated to first-time US investors, the deal went a long way towards achieving the company's diversification objectives.
GOL's benchmark issue
was arranged by global coordinators BofA Merrill Lynch, Credit Suisse, and Morgan Stanley and joint bookrunners BTG Pactual, Evercore ISI, Santander, BCP Securities and Safra.
According to De Leon, the government can do a benchmark issue
of between $500 million and $700 million in samurai bonds, a portion of which can also be used to finance the budget.
The inaugural Australian dollar benchmark issue
is expected to attract Asia Pacific buyers.
'For the fourth time this year we have issued large liquid global dollar benchmarks, equalling ADB's largest-ever US dollar global benchmark issue
at $4 billion,' said ADB Treasurer Pierre Van Peteghem in a statement received here on Thursday.
For the fourth time this year we have issued large liquid global dollar benchmarks, equalling ADBs largest-ever US dollar global benchmark issue
at $4 billion, said ADB Treasurer Pierre Van Peteghem.
Emirates NBD's euro-denominated bond issuance, the first euro benchmark issue
by a Gulf bank since 2007, allowed the bank to successfully broaden its European investor base.
The deal marks ADB's first global benchmark issue
in the US dollar global bond market in 2015.
(NASDAQ: PCLN) said it plans to offer a benchmark issue
of senior notes in an underwritten public offering.
Ford Motor Company (NYSE: F), a United States-based automaker, has sold USD750m of 3.5-year bonds in its second benchmark issue
12, 2010, when the 10-year benchmark issue
at the time finished at 0.850 percent.