BBN Report
DUBAI/November 3-2020: SHUAA Capital, the leading asset management and investment banking platform in the region today paid in full the $100 million bond issued in November 2017 by ADFG FC Ltd, which merged with SHUAA last year.
SHUAA boasts an asset management and investment banking platform with approximately $13 billion in assets under management and with offices throughout the Middle East and the United Kingdom.
The redemption follows the recent successful closing of a new three-year bond, which saw SHUAA raise $150 million in the first high yield issuance in MENA since the onset of COVID-19.
The new bond is listed on the London Stock Exchange’s (LSE) International Securities Market.
