Pentavirate Launches $100m Luxembourg Sukuk, Rated A-

21/02/2023

Pentavirate Launches $100m Luxembourg Sukuk, Rated A-

Pentavirate announces the issuance of a 5-year U.S. dollar denominated Sukuk of $100 million, backed by U.S. commercial real estate. The investment has received an institutional rating of (A-) from Eurorating (Graphic: AETOSWire).

SEATTLE--(BUSINESS WIRE)--Pentavirate, a Seattle-based global investment firm, announces the issuance of a 5-year U.S. dollar denominated Sukuk of $100 million, backed by U.S. commercial real estate. The investment has received an institutional rating of (A-) from EuroRating and is being reviewed by Amanie Advisors to secure the Islamic Fatwa. Read article on BusinessWire

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