Sharjah Bank has announced that it has priced 500 million dollar of senior unsecured bonds in international markets.

According to Amac News: Sharjah Bank's announcement stated that the issue was well received by international investors and attracted orders that reached US$1.4 billion, or almost 3 times oversubscription.
According to the announcement published by Bank of Sharjah, the validity period of these bonds is for five years from the date of issue, with a coupon of 5.25% per year.
Following marketing activities that included global investor calls and a physical exhibition in Dubai and London, the bank successfully reduced pricing by 25 basis points from its initial price talk due to strong demand from international and regional investors. gave
This new release shows the bank's ability to guarantee favorable conditions in the capital market.