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

Abu Dhabi Islamic Bank to sell 5-year benchmark Sukuk this week

Posted on 27 October 2010

From Dow Jones: Abu Dhabi Islamic Bank, or ADIB, the emirate’s largest Islamic lender by market value, is planning to sell five-year benchmark Islamic bonds, or sukuks, this week, according to people familiar with the matter.
Company officials, who have been on a series of investor meetings in Asia, Europe and the Middle East since Oct. 20, end their roadshow Tuesday. Benchmark-sized bond deals are those worth at least $500 million. The securities are expected to price later this week……………………………………….Full Article: Source

 
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