Islamic Development Bank picks leads for benchmark dollar sukuk

By Christine Van Dusen

Atlanta, March 22 – Islamic Development Bank has mandated Emirates NBD, Goldman Sachs, Gulf International Bank and Standard Chartered Bank as the bookrunners for a dollar-denominated offering of Islamic bonds, a market source said.

Other details were not immediately available on Wednesday.

The issuer is a Jeddah, Saudi Arabia-based lender.

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