11.11.2011 - Abu Dhabi Islamic Bank eyes Islamic bond; plans investor meetings
Abu Dhabi Islamic Bank will hold investor meetings for a potential dollar-denominated Islamic bond, or sukuk, starting next week, it said in a statement to the bourse. Meetings kick off in Kuala Lumpur on Nov. 17, and will cover Singapore and the UAE, before ending in London on Nov. 21. A sukuk issue under the bank’s existing $5 billion program “may follow, subject to market conditions,” the statement said. The company is eyeing a benchmark-sized deal, widely accepted to mean at least $500 million...............................................Full Article: Source
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