Africa: The Islamic Corporation For The Development Of The Private Sector (ICD) Returns To The Dollar Market With Tight five-year print

THE Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), a Jeddah-based supranational, has printed a USD 500 million Sukuk maturing in February 2029. The Sukuk issuance, which was oversubscribed with an orderbook over USD 2.2 billion, subscribed by 4.2 times from 46 investors, demonstrating the confidence of investors in the ICD’s vision … Read more