Saudi Arabia's Islamic Development Bank plans roadshow for possible dollar-denominated sukuk

By Aleesia Forni

Virginia Beach, Va., May 16 - Islamic Development Bank has plans to hold investor meetings ahead of a possible dollar-denominated sukuk offering, according to a market source.

Standard Chartered, Barwa Bank, Credit Agricole, CIMB, Natixis, National Bank of Abu Dhabi, NCB and RBS are arranging the meetings.

The meetings will begin on May 25 and make stops in Asia, the Middle East and Europe.

Islamic Development Bank is a lender based in Jeddah, Saudi Arabia.

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