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Al Hilal to issue $500m Islamic bond

Tue, 2013-09-10 15:49 — newsdesk

Abu Dhabi-based Islamic lender Al Hilal Bank plans to launch a $500m sukuk by the end of the year. The bond is expected to be used for general business purposes such as liquidity management and to form the first tranche of a $2.5bn bond programme.

Source: 

http://www.ameinfo.com/al-hilal-issue-500m-islamic-bond-353757