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US$50,000,000 Commodity Murabaha Facility Guaranteed by Nomura

Published May 9th, 2010 - 01:03 GMT
Al Bawaba
Al Bawaba

Nomura International plc has mandated ABC Islamic Bank (E.C.) (the “Initial Mandated Lead Arranger” and “Bookrunner”) to arrange a US$ 50,000,000 Commodity Murabaha Financing Facility (the “Facility”) guaranteed by Nomura Holdings, Inc.

The Facility has been structured as a Shari’a compliant commodity Murabaha financing with a three-year tenor and offers a profit margin of 175bps per annum. As a symbolic debut transaction by Nomura into the Islamic finance market, the Facility will be used for general liquidity management purposes.

Syndication has been launched to selected investors and is scheduled to close in June 2010.

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