Document background
A Bond Offering Memorandum is a critical document used when an entity wishes to raise debt capital through a bond issuance in the UAE markets. The document serves as the primary disclosure document for potential investors and must comply with the extensive requirements set by the Securities and Commodities Authority (SCA) and other relevant UAE regulatory bodies. It includes detailed information about the issuer's business, financial condition, the specific terms of the bonds, risk factors, and use of proceeds. The memorandum is essential for both conventional bonds and Islamic Sukuk structures, requiring careful consideration of UAE federal laws, SCA regulations, and where applicable, Shariah principles. This document is typically prepared with input from various professional advisors, including legal counsel, financial advisors, and auditors, to ensure comprehensive disclosure and regulatory compliance.
