BBK acts as Joint Lead Manager and Bookrunner in a US$ 500 Million bond issuance for Bank of Sharjah

27 Nov 2025

BBK, a leader in retail and corporate banking in the Kingdom of Bahrain, has successfully completed its mandate as Joint Lead Manager and Joint Bookrunner in the issuance of a 500 million U.S. dollar, five-year senior unsecured bond for Bank of Sharjah, priced at an annual coupon of 4.875 percent. The transaction was executed in collaboration with a consortium of regional and international banks.

The transaction attracted strong interest from global investors, with demand exceeding USD 1.8 billion, or 3.6x oversubscription.

Through its Lead Manager role, BBK contributed to the success of the issuance by providing essential financial advisory support, leveraging its deep capital markets expertise and extensive regional network. These strengths helped generate strong investor demand and enabled Bank of Sharjah to price the bond at a competitive coupon level when measured against current global market conditions.

Commenting on the deal, Mr. Yaser Alsharifi, BBK’s Group Chief Executive said, “We are proud to be part of this successful issuance, which reflects the depth of our strategic relationships with leading banking institutions in the region, foremost among them Bank of Sharjah. We worked closely to support this transaction by leveraging our expertise in structuring, financing operations and providing advisory services that contributed to the success of the issuance. This strong demand demonstrates the confidence of international investors in the Bank’s strength and financial resilience.”

Mr. Alsharifi added, “This issuance highlights the advanced role that BBK continues to play in managing major financing transactions across the region, supported by our ability to connect issuers with global liquidity sources and provide innovative solutions that help institutions diversify their funding sources. We remain committed to strengthening our leading position in capital markets and supporting our clients in capturing opportunities within an increasingly dynamic and evolving investment environment.”

Through its participation in this issuance, BBK reinforces its role in advancing advisory and financing services and in supporting regional institutions as they access international debt markets. BBK’s clients can also invest in the latest regional and international bond issuances through BBK’s investment solutions platform, which provides our customers with the opportunity to access different asset classes and enable them to optimize their investment portfolios and enhance their overall returns.