DUBAI, Feb 2 (Reuters) - Dubai Islamic Bank has hired banks to arrange an issuance of U.S.
dollar-denominated sustainable sukuk, or Islamic bonds, a bank
document showed on Thursday.
Bank ABC, Dubai Islamic Bank, Emirates NBD Capital, First
Abu Dhabi Bank, HSBC, KFH Capital, Mashreq, Sharjah Islamic
Bank, Standard Chartered Bank and the Islamic Corporation for
the Development of the Private Sector will arrange investor
meetings in Singapore on Monday and in London on Wednesday, the
document said.
A benchmark size issuance of fixed-rate long five-year sukuk
under DIB's $7.5 billion issuance programme will follow, subject
to market conditions.
(Reporting by Yousef Saba)
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