London: Burjeel Holdings on Friday celebrated the Market Open Ceremony at the London Stock Exchange (LSE), marking the admission of its inaugural $500 million Sukuk to trading on the International Securities Market. The ceremony was attended by Sheikh Khalid bin Saud Al Qasimi, Deputy Chief of Mission at the UAE Embassy in the UK; Dr. Shamsheer Vayalil, Chairman and CEO of Burjeel Holdings; alongside Burjeel Holdings' leadership and representatives of the London Stock Exchange.

According to Emirates News Agency, the market opening follows the successful completion of Burjeel Holdings' inaugural Sukuk under its $1.5 billion Senior Unsecured Sukuk Programme. This event marks the group's initial venture into the international debt capital markets. The transaction attracted substantial interest from both international and regional institutional investors and is the first Sukuk issued by a MENA healthcare provider since 2018.

The proceeds from the Sukuk are intended to support refinancing existing debt and advancing the group's strategic priorities. Burjeel Holdings aims to invest in clinical care, research, medical education, digital transformation, and AI-enabled healthcare innovation. This milestone supports its ambition to lead the next generation of healthcare.

Dr. Vayalil remarked, "Today's ceremony marks an important chapter in Burjeel Holdings' journey. It reflects how far we have come as an organisation and reinforces our commitment to building a healthcare platform that combines clinical excellence with long-term financial strength."

Burjeel Holdings' inaugural Sukuk, issued under its $1.5 billion Sukuk Programme, drew a $1.6 billion orderbook, representing 3.2 times oversubscription. International investors accounted for 61 percent of the final allocation. The Sukuk received ratings of BB+ from S and P Global Ratings and Ba2 from Moody's Ratings, reflecting confidence in the Group's business fundamentals and long-term growth strategy.