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Mubadala taps market with 10-year sukuk amid surge in debt issuance, IFR reports

ReutersMay 28, 2025 6:50 AM

- Abu Dhabi sovereign wealth fund Mubadala has tapped investors for the sale of 10-year sukuk, or Islamic bonds, adding to a flurry of debt deals in recent weeks including Aramco on Tuesday, fixed income news service IFR reported on Wednesday.

The indicative price for the debt deal has been placed at around 95 basis points over U.S. Treasuries, the IFR said.

Abu Dhabi Commercial Bank, First Abu Dhabi Bank, HSBC, JPMorgan and Mizuho have been appointed as joint global coordinators as well as joint lead managers and bookrunners on the transaction, IFR added.

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