Dubai’s DIFC Investments sets talk for $700 million 10-year notes at mid-swaps plus 185-190 bps

By Christine Van Dusen

Atlanta, Nov. 4 – Dubai’s DIFC Investments LLC set final talk at mid-swaps plus 185 basis points to 190 bps for a $700 million issue of 10-year Islamic bonds, a market source said.

Dubai Islamic Bank, Emirates NBD Capital, Noor Bank and Standard Chartered are the bookrunners for the Regulation S sukuk.

DIFC Investments is the investment arm of the Dubai International Financial Centre (DIFC), a state-owned investment agency.

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