Arada Sukuk Limited has extended the consent fee deadline for its $500 million trust certificates due 2027 to August 31, 2026, at 3:00 p.m. London time.
The consent solicitation, originally announced on August 12, 2026, applies to $411.7 million in aggregate face amount outstanding under ISIN XS2471859251. Eligible certificateholders who submit valid electronic voting instructions in favor of the extraordinary resolution by the new deadline will receive a consent fee of $5.50 per $1,000 of certificates held.
Solicitation agents Mashreqbank psc and Standard Chartered Bank are coordinating the process, while Sodali & Co Ltd serves as information and tabulation agent. The company noted the deadline may be extended further.
