{"id":26579,"date":"2026-06-25T22:31:00","date_gmt":"2026-06-25T20:31:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=e04d43ae4d2e372c62fa2d82b8dd378f"},"modified":"2026-06-25T22:31:00","modified_gmt":"2026-06-25T20:31:00","slug":"burjeel-holdings-prices-first-mena-healthcare-sukuk-since-2018-3-2x-oversubscribed","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=26579","title":{"rendered":"Burjeel Holdings Prices First MENA Healthcare Sukuk Since 2018, 3.2x Oversubscribed"},"content":{"rendered":"

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Burjeel Holdings, a leading super-specialty healthcare group in the GCC listed on the Abu Dhabi Securities Exchange, priced its inaugural USD 500 million Regulation S 5-year senior unsecured Sukuk offering due 2031 under its newly established USD 1.5 billion Senior Unsecured Sukuk Programme.<\/p><\/a><\/a><\/a><\/a>

\nThe offering attracted significant demand from high-quality international and regional investors, with the orderbook peaking at USD 1.6 billion, representing 3.2x oversubscription. The strength of the orderbook enabled Burjeel to tighten pricing from initial price thoughts in the mid-7% area, with the Sukuk priced at a 7.000% profit rate and a yield of 7.125%, representing the lowest 5-year yield by a GCC-based private non-investment grade corporate issuer since 2020.<\/p>

\nInternational investors accounted for 61% of the final allocation, led by the UK (34%) and US Offshore investors (24%), alongside strong GCC participation of 39%, highlighting global confidence in Burjeel and the UAE's capital markets.<\/p>

\nRated BB+ by S&P Global Ratings and Ba2 by Moody's Ratings, the transaction marks the first Sukuk offering from a MENA healthcare provider since 2018 and the first UAE corporate offering since recent regional developments.<\/p>

\nNet proceeds will be used in line with the offering documents, including refinancing existing debt and supporting the Group's strategic priorities, strengthening Burjeel's financial flexibility and long-term capital structure.<\/p>

\nDr. Shamsheer Vayalil, Chairman and CEO, said:<\/b> \u201cThe strong demand for our inaugural Sukuk reflects investor recognition of Burjeel\u2019s strategy, credit fundamentals, and ability to deliver sustainable growth. With strong international participation, this transaction broadens our access to global capital markets and provides greater financial flexibility to advance our strategic priorities, including investments in advanced clinical care, research, medical education, and AI-enabled healthcare innovation, as we work to power the next generation of healthcare.<\/i><\/p>

\nThe Sukuk is admitted to trading on the London Stock Exchange\u2019s International Securities Market, subject to customary closing conditions.<\/p>

\nCiti, Emirates NBD Capital and FAB acted as Joint Global Coordinators. Emirates NBD Capital and FAB also acted as Sukuk Structuring Agents. ADCB, ADIB, Dubai Islamic Bank, RAKBANK and Sharjah Islamic Bank acted as Joint Lead Managers and Bookrunners.<\/p>

\nAbout Burjeel Holdings<\/b><\/p>

\nFounded in 2007, Burjeel Holdings is a leading super-specialty healthcare services provider in the UAE and Oman, and it operates a growing specialized healthcare segment in Saudi Arabia.<\/p>

\n*Source: AETOSWire<\/a><\/p> Contacts<\/b>

\nSalam Shehady\nsshehady@apcoworldwide.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Burjeel Holdings, a leading super-specialty healthcare group in the GCC listed on the Abu Dhabi Securities Exchange, priced its inaugural USD 500 million Regulation S 5-year senior unsecured Sukuk offer…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26579","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/26579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26579"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/26579\/revisions"}],"predecessor-version":[{"id":26580,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/26579\/revisions\/26580"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}