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

UAE’s DIB plans $200 mln bond buyback

Posted on 07 May 2009

From Maktoob.com: Dubai Islamic Bank said Wednesday it plans to buyback up to $200 million of its $750 million sukuk outstanding in the market.

The bank will hold “a partial cash tender offer of up to $200 million of the $750 million trust certificates due 2012 of DIB Sukuk Co Ltd,” it said in a London Stock Exchange disclosure…….Full Article: Source

 
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