Qatar International Islamic Bank (QIIB) has successfully priced a $700m 5-year Sukuk issued at par with a 2.688 percent annual profit rate, which will be settled semi-annually. The transaction represents QIIB’s first international debt capital markets issuance.
HSBC, QNB Capital and Standard Chartered Bank acted as Joint lead Managers and Joint Bookrunners, with Qatar Islamic Bank and CIMB Investment Bank, Malaysia, as Co-Managers on the transaction. The Trust Certificates will be listed on the Irish Stock Exchange………………………………………..Full Article: Source