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Prospect News home > News index > List of issuers I > Headlines for Islamic Development Bank > News item
Published on 4/30/2018 in the Prospect News Emerging Markets Daily.

Islamic Development Bank mandates banks for possible euro-denominated five- to 10-year sukuk

By Rebecca Melvin

New York, April 30 – Islamic Development Bank has selected banks and scheduled a series of fixed-income investor meetings for a planned offering of euro-denominated five- to 10-year Islamic bonds, according to a syndicate source on Monday.

Citigroup, Credit Agricole CIB and Societe Generale CIB will conduct the roadshow in Europe starting on Monday to explore the possible debut euro benchmark sukuk.

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


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