Pakistan sets initial talk in high-5% area for dollar five-year sukuk

By Christine Van Dusen

Atlanta, Oct. 5 – Pakistan set initial talk in the high-5% area for a benchmark-sized and dollar-denominated offering of five-year Islamic bonds (B3//B), a market source said.

Citigroup, Deutsche Bank, Dubai Islamic Bank, Noor Bank and Standard Chartered Bank are the bookrunners for the Rule 144A and Regulation S deal.

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