Barwa Bank has been chosen to co-lead manage Dubai’s $750m sukuk issuance, which is the first sovereign sukuk of 2013 in the region. Barwa Bank has opened the year in the debt capital markets in the same manner as in 2012, being chosen for the second time as co-lead manager by Government of Dubai, for what is “one of the most sought after credits” in the Middle East and North Africa (Mena) region.
Barwa Bank CEO Steve Troop said: “We are extremely proud to have been selected again as co-lead manager by the Government of Dubai. Having the opportunity to be associated for the second time with a transaction of such significance indicates our credibility, strong regional relationships and delivery, as well as access to liquidity………………………………………..Full Article: Source