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Turkey's Albaraka Turk sets roadshow for dollar sukuk offering
By Christine Van Dusen
Atlanta, April 16 -Turkey's Albaraka Turk Katilim Bankasi AS will set out on a roadshow on Thursday for a dollar-denominated offering of Islamic bonds, a market source said.
BNP Paribas, Al Hilal Bank, Barwa Bank, Emirates NBD Capital and Nomura Securities are the bookrunners for the Regulation S-only sukuk offering.
The roadshow begins on April 18 in Zurich and then travels to London, Abu Dhabi, Dubai and Doha before concluding on April 23 in Manama, Bahrain.
The company previously announced plans to issue $200 million five-year notes in 2013.
Albaraka is a banking group based in Istanbul.
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