Tags : Marouf M. Shweikeh

Banking & Finance Capital Markets United Arab Emirates

Mashreq Bank prices its Inaugural USD300m Additional Tier 1 Offering 

Mashreq Bank (“Mashreq”) has announced the pricing of an aggregate principal amount of USD300 million of its 8.500% Perpetual Non-callable 5-year Additional Tier 1 Notes. The offering closed on 7 July 2022, subject to customary closing conditions.  The issuance is expected to further strengthen Mashreq’s capital structure and leverage ratios, positioning for further balance sheet […]