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

UAE lender FGB plans benchmark bond sale - sources

Posted on 26 September 2012

First Gulf Bank (FGB), the second-largest lender by market value in the United Arab Emirates, has hired five banks for a new benchmark-sized bond sale, three sources familiar with the matter said on Tuesday.
FGB picked Citigroup Inc, HSBC Holdings, National Bank of Abu Dhabi, Deutsche Bank and Standard Chartered Plc for the deal, which is expected to be at least $500 million in size………………………………………..Full Article: Source

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