Dubai's Tamweel launches $300 million five-year sukuk notes

By Christine Van Dusen

Atlanta, Jan. 10 - Dubai's Tamweel PJSC launched a $300 million offering of five-year sukuk notes, a market source said.

Citigroup, Deutsche Bank and Standard Chartered are the bookrunners for the deal.

Pricing is expected to take place during the Jan. 9 week.

Tamweel is a real estate developer.

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