Dubai Islamic Bank purchases outstanding Sukuk through cash tender offer

Mon, 2009-06-08 21:30 — IslamicFinance.de

Dubai Islamic Bank announced that it has purchased USD 50.6 mn from the partial cash tender offer to retire USD 200 mn of outstanding Sukuk. DIB purchased the certificates at 88 % of the face value.

Source:

http://wam.org.ae/servlet/Satellite?c=WamLocEnews&cid=1241072835265&p=11...

Financial Institutions
Fixed Income
GCC
Sukuk
Dubai
UAE
Dubai Islamic Bank
WAM

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