February 20th, 2026 - 08:07 GMT
Mashreq, one of the leading financial institutions in the MENA region, and rated A3 (Moody’s), A (S&P) and A (Fitch), all with a stable outlook, successfully priced a US$500mn Additional Tier 1 bond offering with a coupon of 6.25 percent per annum on Thursday 12th February 2026. Mashreq decided to capitalize on favorable market conditions and to support its market leading growth trajectory with a new AT1 issuance. The transaction was launched ahead of the Asian Lunar year break, the start of the holy month of Ramadan and expected competing ...