Mashreq has opened the UAE banking capital markets for 2026 with a USD 500 million Additional Tier 1 (AT1) bond, attracting strong global investor demand. The issuance generated an order book of USD 2.1 billion, underscoring confidence in the bank’s credit profile and the resilience of the UAE’s financial sector.
Investors from MENA accounted for 67% of the order book, followed by Europe at 22% and Asia at 8%. The transaction marks Mashreq’s return to the bond market following its sukuk issuance in April 2025 and reflects its investment-grade ratings from Moody’s and S&P.
The successful placement strengthens Mashreq’s capital base as it advances its regional and international growth strategy in 2026.
Gulf Economist Staff Writer