Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers D > Headlines for DIB Sukuk Ltd. > News item |
Dubai Islamic Bank plans dollar benchmark 5.5-year sukuk
By Rebecca Melvin
New York, June 9 – DIB Sukuk Ltd., a subsidiary of Dubai Islamic Bank PJSC, has mandated banks to arrange a benchmark-sized offering of dollar-denominated 5.5-year Islamic bonds, according to a regulatory notice on Tuesday.
The notes will mature Jan. 16, 2026.
The bank has mandated Bank ABC, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, ICBC, the Islamic Corp. for the Development of the Private Sector, KFH Capital, Sharjah Islamic Bank and Standard Chartered Bank as managers of the Regulation S notes.
Dubai Islamic is the largest Islamic bank in the United Arab Emirates.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.