25.05.2011 - HSBC Middle East eyeing Islamic bond issue
HSBC Middle East, a subsidiary of the U. K. headquartered bank, will meet investors in Asia and Europe this week ahead of a potential Islamic bond, or sukuk, issue, IFR Markets reported. Investor meetings will take place in Singapore, Kuala Lumpur, Hong Kong and London, and a sukuk issue is likely to price this week, IFR, a Thomson Reuters unit reported. In October, HSBC Middle East raised $500 million from a five-year bond issue..............................................Full Article: Source
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