21.09.2010 - Citigroup plans more Islamic bond sales from Turkey; in talks with other sellers
From Gulf-times.com: Citigroup plans to arrange more sales of Islamic bonds, or sukuk, from Turkey after managing a $100mn issue for Kuveyt Turk Katilim Bankasi AS, an executive at the company said. Citigroup is having talks with other potential sellers of Shariah-compliant debt in the country, said Hulusi Horozoglu, director of global Islamic banking at Citigroup, in an e-mailed response to questions. He said there was “significant appetite” from investors for the Kuveyt Turk sale last month..............................................Full Article: Source
Print