Islamic Development Bank hires banks for 5-year dollar sukuk sale - document

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, March 6 (Reuters) - The Islamic Development Bank, a Jeddah-based multilateral lender, has hired banks to arrange a sale of U.S. dollar-denominated five-year Islamic bonds, a bank document showed on Monday. BNP Paribas, Citi, Dukhan Bank, Emirates NBD Capital, HSBC, The Islamic Corporation for the Development of the Private Sector, SMBC Nikko, Societe Generale and Standard Chartered are joint lead managers and bookrunners for the sukuk sale, which is subject to market conditions, the document seen by Reuters showed.
(Reporting by Yousef Saba; Editing by Kirsten Donovan)

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