11.04.2013 - Dubai Investments picks banks for $300mln sukuk sale
Dubai Investments plans to raise $300 million from the sale of Islamic bonds, or sukuk, investor meetings for which is expected to begin in May, the company's chief executive told Reuters on Wednesday. The conglomerate, which has interests in several sectors including property and manufacturing, has picked Citigroup Inc , Nomura, and J.P. Morgan Chase & Co to help arrange the transaction, Khalid bin Kalban said. "We start the roadshows in May. Our target is to raise $300 million," Kalban said...............................................Full Article: Source
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