QIIB to raise up to $500m via #sukuk; plans roadshows
QIIB plans to raise between $300m-$500m via Sukuk this year. CEO Dr Abdul Basit Ahmed Al Sheibi said the bank got shareholders' approval and will hold roadshows in selected Asian and European markets next month. QIIB’s $2bn Trust Certificate Issuance programme has already been approved by the the UK Financial Conduct Authority and is being admitted to the official list of the FCA and the London Stock Exchange. The Programme has been assigned a provisional rating of A2 by Moody’s Investors Service Cyprus.
Source:
https://www.thepeninsulaqatar.com/article/27/03/2018/QIIB-to-raise-up-to-$500m-via-sukuk-plans-roadshows
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