Capital Market Partners to Lead New USD250m Sukuk, First Bangladesh Corporate Sukuk In International Markets
BlueMount Capital (WA) Pty Ltd (“BlueMount”) and Bedford Row Capital PLC (“BRC”) will act as International Lead Manager and Structuring Agent respectively for a new US$250m Sukuk offering to be listed on the Frankfurt Stock Exchange.
BRC, a global non-bank structuring specialist, has been mandated by Al Waseelah PLC (“Issuer”) whilst BlueMount was appointed by Deshbandhu Group Limited (“DGL”) to lead the first Bangladeshi Corporate Sukuk to help DGL in their next growth phase. The Sukuk will finance the repayment of current outstanding debt and to invest in new technology and scaling up capacity of its group businesses. Continue reading