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

Qatar seeks proposals for debut sukuk

Posted on 10 May 2012

Qatar is eyeing its debut international sukuk offering, according to sources. The Gulf state has already sent request for proposals to banks, and is close to being mandated. Sources believe it will choose a mix of international and local banks.
While timing has yet to be decided, the transaction will probably be in the second quarter, ahead of the summer break. Other details, such as size and tenor, have also still be agreed, though if Qatar’s previous conventional deals are any guide, the chances are the sukuk will be a multi-billion dollar offering in more than one tenor………………………………………..Full Article: Source

 
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