- The second tranche
has a size of SAR 258 million, and a total tranche
size of SAR 2,628 billion, matures in 2028.
The first tranche
is to be paid Friday to shareholders on the register at at June 28 and the balance will be paid as a second tranche
"on a date to be determined by the board following release of the company's half-yearly results".
In a statement on Friday (June 28), the PCOO said only its efforts made the PCOO's current administration aware of the shortcomings of the previous administration in liquidating the first tranche
of funds released to PCOO.
The long 10-year tranche
marks the longest tenor issuance to date in the international market, underlining the international investor community's continued support for Sri Lanka and their confidence in the country's economic fundamentals and long-term growth prospects.
Furthermore, the ministry of finance succeeded in January 2018 in offering three tranches
which attracted $4bn.
A total of three ratings from Australia were upgraded in the quarter and all other reviewed tranches
However, in February 2017, President Duterte approved P2,000 increase in the SSS pension, with the initial P1,000 increase effective retroactively in January 2017, but, the second tranche
or the additional P1,000 to be implemented in year 2022 or earlier.
RAM Ratings has reaffirmed the respective AAA, AA2, A1, A2 and AAA ratings of the Tranche
A4 Sukuk (collectively, the Tranche
A Sukuk) and the Tranche
B Sukuk under Menara ABS Berhad's MYR 1 billion Sukuk Ijarah Programme (2008/2023).
The disbursement schedule of the Greek economic adjustment programme foresees the payment of one 4.2 billion tranche
from the European Financial Stability Facility (EFSF) in the first quarter of 2013 and another 3.2 billion tranche
in the second quarter.
Barclays Plc (LSE: BARC) (NYSE: BCS), Citigroup Inc (NYSE: C), Credit Suisse Group AG (NYSE: CS) (ZHR: CSGN) (CSGN.VX), JPMorgan Chase & Co (NYSE: JPM) and Santander GBM are joint book-runners on the six bonds that are already open, while Barclays, Macquarie Bank (NYSE: MQG) and National Australia Bank (AX: NAB) (OTC: NABZY) are running the Australian dollar tranche
, and Barclays and Santander are managing the dual US dollar and sterling deal.
The deal consists of a CHF370m 1.125% tranche
due 2 September 2016, CHF180m 1.375% tranche
due 2 September 2021 and CHF395m 1.625% tranche
due 2 September 2024.