Tag Archives: Bank of Sharjah

Bank of Sharjah P.J.S.C. (BOS:ADX), Sharjah’s second biggest bank by net assets, has announced the completion of a senior five-year unsecured fixed-rate notes issue totaling US$ 500 million (AED 1.84b), under the bank’s new Euro Medium Term Note (EMTN) programme. Pricing was set at 250 basis points over mid-swaps (a benchmark for calculating bids) to yield at 4.23 percent. Bank ...

Bank of Sharjah P.J.S.C. (BOS:ADX), Sharjah’s second biggest bank by net assets, has set initial guidance for a new five-year international bond, according to lead arrangers this week, confirming an expected price of 250 basis points over mid-swaps (a benchmark for calculating bids). Bank of Sharjah is believed to be planning to issue a US$ 500 million (AED 1.84b) 5-year ...

Bank of Sharjah P.J.S.C. (BOS:ADX) has announced a 16 percent increase in net profit during the first six months of 2015, with net profit reaching AED 176 million (US$ 48m) compared with AED 152 million (US$ 41m) during the same period last year. Strong growth in loans and advances contributed to growth, while boosting bank liquidity and capital. Loans and ...

Bank of Sharjah P.J.S.C. (BOS:ADX) has set guidance for its US$ 500 million (AED 1.84b) 5-year senior unsecured bond. Guidance for the bond was confirmed by lead arrangers on Monday at 180 basis points (bps) over midswaps (a benchmark for calculating bids), plus or minus 5 bps. The bank ran an roadshow with lead arrangers from 21 to 25 May ...

Bank of Sharjah P.J.S.C. (BOS:ADX) is firming up plans to issue a US$ 500 million (AED 1.84b) senior unsecured bond and has organised an investor roadshow with lead arrangers beginning on Thursday May 21st in London. The bank disclosed its board decision to issue a senior unsecured bond with a five-year term to shareholders in April. Bank of Sharjah has ...