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Listed
Sukuk
Wakalah
Green / ESG
Tabreed USD 700m Green Sukuk 2030
Tabreed · United Arab Emirates
Tabreed's inaugural green sukuk, 2.6x oversubscribed, the first drawdown under its USD 1.5bn trust certificate programme.
Key terms
- Issuer profile
- Tabreed
- ISIN
- XS2760043519
- Structure
- Wakalah
- Issue size
- $700M
- Ccy
- USD
- Minimum investment
- $200,000
- Payment frequency
- semi-annual
- Listing venue
- London Stock Exchange ISM
- Governing law
- English law
Pricing
- Profit rate
- 5.279% (fixed)
- Indicative price
- 100.30
- Yield to maturity
- 5.183%
- Spread
- 95 bps
- Ratings
- Baa2 / BBB
Key dates
- Issue date
- 5 Mar 2025
- Maturity date
- 5 Mar 2030
- Tenor
- 5 years
Shariah information
- Shariah advisor
- Internal Shariah Supervisory Committee
- AAOIFI aligned
- ✓
- Underlying asset
- District cooling plants and related assets
- Use of proceeds
- Financing and refinancing of eligible district cooling and energy efficiency projects