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Abu Dhabi Islamic Bank raises $750 mln in Sukuks

Posted on 12 November 2010

From Qatarmorningpost.com: Abu Dhabi Islamic Bank announced a 750-million-dollar issue of five-year sukuk Islamic bonds, the first since 2006, rated A2 by Moody’s and A+ by Fitch with a stable outlook from both.
The second largest Islamic lender in the United Arab Emirates said in a statement that the issue was oversubscribed by nearly 4.8 times, adding the demand highlights confidence in the bank……………………………………….Full Article: Source

 
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