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Islamic Finance Briefing - Categorized | Banking, Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

First Gulf sets guidance for bond worth $500mln

Posted on 19 November 2009

From Gulfnews.com: The UAE’s First Gulf Bank has set price guidance for a 3-year benchmark dollar bond at 250-275 basis points over midswaps, a banker close to the transaction said.

“The price guidance is 275… [which] is still on the higher side. It may come to 250,” said the banker, who declined to be identified…………Full Article: Source

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