DUBAI, April 13 (Reuters) - Property developer DAMAC
Real Estate Limited (DAMAC) has mandated banks to arrange
investor meetings ahead of a potential three-year U.S.
dollar-denominated Islamic bond, or sukuk, expected to be at
least $500 million, a document showed on Thursday.
Deutsche Bank, Emirates NBD Capital and J.P. Morgan are
mandated joint global coordinators, and UAE lenders Abu Dhabi
Commercial Bank, Dubai Islamic Bank and Mashreq are acting as
joint bookrunners on the deal, the document showed.
(Reporting by Rachna Uppal; editing by Jason Neely)
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