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Published on 2/26/2020 in the Prospect News Emerging Markets Daily.

New Issue: Islamic Development Bank sells $2 billion trust certificates due 2025

By Marisa Wong

Los Angeles, Feb. 26 – Islamic Development Bank subsidiary IDB Trust Services Ltd. issued $2 billion of trust certificates due 2025, according to a notice.

The lender is based in Jeddah, Saudi Arabia.

Issuer:IDB Trust Services Ltd.
Issue:Trust certificates, series 48
Amount:$2 billion
Maturity:2025
Announcement date:Feb. 26
Listing:Euronext Dublin

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