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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves, New Launches more

Roadshow success for Islamic Development Bank

Posted on 24 May 2011

As part of its resource mobilization plan, the Islamic Development Bank (IDB), rated Aaa/AAA/AAA (with stable outlook) by Moody’s, S&P and Fitch, recently conducted a roadshow in Asia, the Middle East and Europe.
At the end of the roadshow, its Vice President Finance Abdul Aziz Al-Hinai said: “We are delighted with the outcome of the deal, which achieved our main objectives for the transaction to build on the success of last year’s deal to establish another liquid benchmark and further position IDB in line with its supranational peer group……………………………………….Full Article: Source

 
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