28.10.2010 - ADIB set price guidance on 5-year benchmark Sukuk at 235 basis points over midswaps

From Dow Jones: Abu Dhabi Islamic Bank (ADIB), the emirate's largest Islamic lender by market value, set guidance on a five-year benchmark Islamic bond, or sukuk, expected to sell Thursday, according to a person close to the deal. The notes are seen pricing at 235 basis points over Midswaps, said the source. Barclays Capital, HSBC and Standard Chartered are bookrunners on the deal..............................................Full Article: Source

Print