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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

$200mln sukuk eyed

Posted on 19 April 2013

Bahraini lender Al Baraka Bank’s Turkish unit plans to issue a $200 million, 10-year subordinated sukuk by the end of April or early May, the Bahraini bank’s chief executive Adnan Ahmed Yousif said.
Al Baraka Turk, which signed a $450m murabaha loan in September, has appointed BNP Paribas, Al Hilal Bank, Barwa Bank, Emirates NBD and Japan’s Nomura for the Tier 2 sukuk………………………………………..Full Article: Source

 
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