Wed, Aug 27, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Lovells advises on first ever sukuk ‘buy back’

Posted on 22 May 2009

From Ameinfo.com: The world’s first sukuk ‘buy back’ closed today, 21 May, by Dubai Islamic Bank (DIB) purchasing $50,620,000 of the 5 year $750,000,000 Sukuk issued by DIB Sukuk Company Limited in 2007.
This first sukuk ‘buy back’ provides encouragement to issuers who are considering whether to take advantage of purchasing their sukuk if it’s trading materially below par…….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031