17.04.2013 - Al Baraka's Turkey unit picks banks for Tier 2 sukuk
Turkish participation bank AlBaraka Turk, a unit of Bahrain's Al Baraka Bank, has appointed BNP Paribas, Al Hilal Bank, Barwa Bank, Emirates NBD and Japan's Nomura for a potential Tier 2 sukuk issuance. IFR, a unit of Thomson Reuters, reported on Tuesday that the banks will run a series of fixed income investor meetings in the Middle East and Europe starting April 18. A Reg S only Murabaha dollar-denominated Tier 2 sukuk transaction may follow subject to market conditions...........................................Full Article: Source
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