eseoulpost
BusinessUAE
Sharjah wins top honour for RMB 2 billion Panda Bond at GFC Media Group Awards
min  |  min
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
승인 2018.11.08  
트위터 페이스북 미투데이 요즘 네이버 구글 msn

DUBAI, 8th November, 2018 (WAM) -- The Government of Sharjah won the "Sovereign Debt Finance Deal of the Year" award at the Bonds, Loans & Sukuk Awards Middle East for the successful issuance of an RMB 2 billion, or US$316 million, Panda Bond. The award was presented by the leading international media organisation "GFC Media Group".

The award recognises that the issuance, completed in February 2018, represented the culmination of a lengthy and unfamiliar, and ultimately obtained an excellent financial result. The move aimed at raising the emirate’s profile among Chinese investors.

At a gala award ceremony held at Intercontinental Festival City, Dubai, on 6th November, Abdellatif Mohamed, Director of Debt Management Office at Sharjah Finance Department, received the prestigious award.

Commenting on the award, Waleed Al Sayegh, Director-General of Sharjah Finance Department, said, "We are honoured to receive this recognition of our successful issuance of RMB 2 billion Panda Bond in February 2018, the first such deal in the Middle East. The award reflects the professionalism, commitment and industry knowledge of our entire team."

He continued," The award is an opportunity to raise the profile of the Middle East’s financial markets with the international investment community, and to inspire future issuance by Middle Eastern entities".

Sharjah Finance Department raised RMB 2 billion, or US$ 316 million, in China’s Panda bond market with a coupon rate of 5.8% in February 2018 and maturity in February 2021. The Lead Bookrunners for the bond were Bank of China, with ICBC as Joint Bookrunner and HSBC, and Standard Chartered Bank acting as Joint Lead Underwriters.

The Bonds, Loans & Sukuk Awards Middle East by GFC Media Group recognises excellence and outstanding achievement among issuers, borrowers and market professionals for their work on landmark transactions. GFC hosts 2 Awards ceremonies in Dubai and Turkey which each individually bring together 250 senior market executives.

 

< 저작권자 © eseoulpost 무단전재 및 재배포금지 >
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
트위터 페이스북 미투데이 요즘 네이버 구글 msn 뒤로가기 위로가기
이 기사에 대한 댓글 이야기 (0)
자동등록방지용 코드를 입력하세요!   
확인
- 200자까지 쓰실 수 있습니다. (현재 0 byte / 최대 400byte)
- 욕설등 인신공격성 글은 삭제 합니다. [운영원칙]
이 기사에 대한 댓글 이야기 (0)
Most Read
1
Sharjah Events Hosts ‘Japanese Artworks by Emirati Hands’ at SIBF
2
Brazil-UAE Business Forum accelerates trade ties
3
Fire at dormitory-style housing facility in Seoul kills at least 7
4
French Minister of Culture visits Louvre Abu Dhabi on the Museum’s first anniversary
5
Occidental Mindoro: A promising sustainable tourism hub
6
ERC distributes food supplies to people with special needs in Yemen
7
Sharjah Chamber discusses ways to develop economic relations with Hungary
8
UAE National Conference on Animal Welfare to take place November 11 in Dubai
9
Taiwan's technology highlighted at international forum on democracy
10
Saudi King Salman, Mohamed bin Zayed discuss regional developments
Photo News Green Biz
DEWA invites customers to take up Shams Dubai to generate onsite solar power
DEWA invites customers to take up ...
min
World Green Economy Summit to kick off in October
World Green Economy Summit to kick...
min
Abu Dhabi hosts The First Regional Biodiversity Forum in the Gulf Region
Abu Dhabi hosts The First Regional...
min
Etihad ESCO plans to reduce more than one million tonnes of carbon dioxide by 2030
Etihad ESCO plans to reduce more t...
min
Sharjah Municipality, MOCCAE discuss cooperation to protect environment
Sharjah Municipality, MOCCAE discu...
min
Photo News Sports
Shooter wins Taiwan's 2nd gold at Asian Games (update)
Shooter wins Taiwan's 2nd gold at ...
min
Two taekwondo golds among 11 medals for S. Korea on Day 1
Two taekwondo golds among 11 medal...
min
Taiwan team wins first gold medal at Asian Games
Taiwan team wins first gold medal ...
min
(Asian Games) Koreas march together at opening ceremony
(Asian Games) Koreas march togethe...
min
FIFA Club World Cup UAE 2018 to boost nation's global sporting credentials
FIFA Club World Cup UAE 2018 to bo...
min
UAE gearing up for Asia's biggest football tournament
UAE gearing up for Asia's biggest ...
MIN
Taiwan blasts China for blocking Taichung games
Taiwan blasts China for blocking T...
min
S. Korean table tennis player savors 'historic' title with N. Korean partner
S. Korean table tennis player savo...
min
Photo News World
Shooter wins Taiwan's 2nd gold at Asian Games (update)
Shooter wins Taiwan's 2nd gold at ...
min
Two taekwondo golds among 11 medals for S. Korea on Day 1
Two taekwondo golds among 11 medal...
min
Taiwan team wins first gold medal at Asian Games
Taiwan team wins first gold medal ...
min
(Asian Games) Koreas march together at opening ceremony
(Asian Games) Koreas march togethe...
min
FIFA Club World Cup UAE 2018 to boost nation's global sporting credentials
FIFA Club World Cup UAE 2018 to bo...
min
UAE gearing up for Asia's biggest football tournament
UAE gearing up for Asia's biggest ...
MIN
Taiwan blasts China for blocking Taichung games
Taiwan blasts China for blocking T...
min
S. Korean table tennis player savors 'historic' title with N. Korean partner
S. Korean table tennis player savo...
min
Photo News Opinion
Koreas begin joint waterway survey along western border
Koreas begin joint waterway survey...
min
S. Korean, U.S. to resume marine exercise
S. Korean, U.S. to resume marine e...
min
Koreas resume exchanging information on illegal fishing near sea border
Koreas resume exchanging informati...
min
Moon calls for parliamentary support for expansionary budget, peace process with N. Korea
Moon calls for parliamentary suppo...
min
Supreme Court rules religious belief valid reason for refusing mandatory military service
Supreme Court rules religious beli...
min
Moon calls for expanding renewable energy production
Moon calls for expanding renewable...
min
Supreme Court orders Japanese firm to provide compensation for wartime forced labor
Supreme Court orders Japanese firm...
min
Koreas, UNC complete JSA disarmament verification
Koreas, UNC complete JSA disarmame...
min
Newspaper AboutNews ReportAdvertiseComplaintsPrivacy PolicyJuvenile protectionRejection of E-mail Collection
Gangnam-gu, Teheran 52 street in Tehran Bldg, 616(Yeoksam-dong)  |  Main Phone: 02) 563-0604  |  Fax: 02) 538-5665
Chairman : jeong-woo Lee  |  Advisor : byung-il Min  |  Publisher: jae-mo Kah  |  Editors: il-hong Kim
Registration Number 1928 Seoul ah  |  eseoulpost.com / eseoulpost.net / Global Korea.,Ltd
Copyright © 2011 eseoulpost. All rights reserved. mail to jaemokah@daum.com , kih10kr@empas.com/ www.globalkorea.info
arabafrica.net / UAE Interract / Emirtes News Agency(WAM)/ http://wam.org.ae / www.uaeinteract.com