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

Unicorn says U.S. company to sell $250 mln Islamic bond

Posted on 17 May 2010

From Bloomberg: Unicorn Investment Bank BSC, a closely held Islamic investment bank, is working on a $250 million Islamic debt offering for a U.S. company, a bank official said.
The Bahrain-based lender plans to finalize the sale for the U.S. company “soon,” Nida Raza, senior vice president of capital markets at Unicorn Investment, said in Dubai today, without identifying the issuer. The bank has about $4.5 billion of Islamic debt sales in the pipeline this year, Raza said……………………………………….Full Article: Source

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