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Emaar Sukuk Price Whisper 8.625% Area, Books Open

Wed, 2011-01-26 17:30 — newsdesk

The books for Emaar Properties' planned Islamic bond, or sukuk, sale are now open and the price whisper is in the 8.625% area.
The Dubai-based real-estate developer last week said it appointed HSBC, RBS and Standard Chartered to arrange investor meetings targeting fixed-income investors starting Jan. 21. The meetings were arranged in Asia, Europe and the six-member Gulf Cooperation Council states.

Source: 

http://ae.zawya.com/story.cfm/sidZW20110126000156#ZW20110126000156