Aldar Properties - P J S C 6.6227% 15-APR-2055Aldar Properties - P J S C 6.6227% 15-APR-2055Aldar Properties - P J S C 6.6227% 15-APR-2055

Aldar Properties - P J S C 6.6227% 15-APR-2055

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Overview
Analysis

ASUK5982908 analysis



Key facts


Issue date
Jan 15, 2025
Maturity date
Apr 15, 2055
Outstanding amount
‪1.00 B‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
6.62% (Variable)
Yield to maturity
6.60%
Aldar Properties PJSC engages in the development, sales, investment, construction and management of real estate properties and associated services for real estate, operation of hotels, schools, marinas, golf courses, restaurants, cooling assets, and beach clubs. It operates through Aldar Development and Aldar Investments segments. The Aldar Development segment include property development and sales; project management services; and real estate development. The Aldar Investments segment focuses in investing in properties; hospitality and leisure; education; and principal investments. The company was founded on October 12, 2004 and is headquartered in Abu Dhabi, the United Arab Emirates.
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