GIB Capital is pleased to announce its role as a Joint Lead Manager and Bookrunner in the issuance of USD 500Mn Senior Unsecured Sukuk for ICD with a five-year tenor,  priced on September 29
 
The transaction marks ICD’s second Sukuk offering in the last 18 months. The orderbook peaked in excess of USD 2.0Bn, representing a 4.0x oversubscription rate 
 
The book was diversified across investor geographies and types, with 30% allocation to international investors and 34% allocation to central banks, supranational entities and sovereigns. GIB Capital takes pride in being part of this successful offering.

GIB Capital has been providing a range of innovative and customized financial and investment banking products and solutions, including debt capital markets, capital markets advisory, mergers and acquisitions, debt advisory, asset management, and brokerage services.