| 11.01.2012 - Emirates NBD's Islamic unit prices $500 mln Sukuk |
| Top Dubai lender Emirates NBD's Islamic unit, Emirates Islamic Bank, has priced a $500 million five-year, benchmark-sized Islamic bond, or sukuk, lead managers said on Tuesday. The transaction priced with a 4.72 percent profit rate at a spread of 350 basis points over midswaps, a document from the leads said. EIB's sukuk is the first debt capital markets issue from the Gulf region in 2012...........................................Full Article: Source |