Abu Dhabi Islamic Bank (Adib) will hold investor meetings for a potential dollar-denominated Islamic bond, or sukuk, starting next week, it said in a statement to the bourse on Wednesday.
A sukuk issue under the bank’s existing $5 billion programme “may follow, subject to market conditions,” the statement said. The company is eyeing a benchmark-sized deal, widely accepted to mean at least $500 million………………………………………..Full Article: Source