DUBAI, March 27 (Reuters) - Saudi Arabia's Al Rajhi Bank is planning an issuance of U.S. dollar-denominated
sustainable Islamic bonds, according to an investor presentation
seen by Reuters.
Al Rajhi Capital, Citi, Emirates NBD Capital, Goldman Sachs,
HSBC, JPMorgan, KFH Capital and Standard Chartered are joint
lead managers and bookrunners for the five-year sukuk.
The issuance will be of benchmark size, which typically
means at least $500 million.
The sukuk will be used to finance or refinance sustainable
projects eligible under the bank's sustainable finance
framework, the presentation said.
(Reporting by Yousef Saba, Editing by Louise Heavens)
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