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Qatar's QIIB to price $700m sukuk Thursday

Mon, 2012-10-15 08:22 — newsdesk

Asa reflection of healthy demand for the sukuk deal, Qatar International Islamic Bank (QIIB) launched a US$700m Islamic bond on Thursday. The price of the issue lies at the lower end of the one revised. The spread of the five-year sukuk is 190 basis points over midswaps. The mandated arrangers on the deal are HSBC, Standard Chartered and QNB Capital.

Read more on: http://www.arabianbusiness.com/qatar-s-qiib-price-700m-sukuk-thursday-47...

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http://www.arabianbusiness.com/qatar-s-qiib-price-700m-sukuk-thursday-47...