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Ras al Khaimah talks five-year sukuk at mid-swaps plus 200 bps area; pricing expected Tuesday
By Christine Van Dusen
Atlanta, Oct. 7 - The Emirate of Ras al Khaimah set talk for its offering of dollar-denominated five-year Islamic bonds at the mid-swaps plus 200 basis points area, a market source said.
Al Hilal Bank, Citigroup, Mashreqbank, National Bank of Abu Dhabi and Standard Chartered Bank are the bookrunners for the Regulation S deal.
The notes are expected to price Tuesday.
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