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