11.07.2012 - Qatar to issue $4 bln sukuk Wednesday
Qatar will sell $4 billion in a two-part Islamic bond sale with pricing due on Wednesday, arranging banks said, after initial price indications were tightened due to massive demand. The deal, Qatar's first international sukuk in nearly a decade, has already attracted orders of about $22 billion, allowing the borrower to tap markets for the maximum $4 billion available. Profit talk for the long five-year portion was revised to 120 to 125 basis points over midswaps, from 135 basis points released earlier in the day...............................................Full Article: Source
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