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Garuda to fly with dollar debut in sukuk

Sat, 2015-05-23 04:11 — newsdesk

Indonesian airline Garuda Indonesia has mandated a total of 15 banks to arrange its first dollar outing, which will be executed in sukuk format. The company has chosen National Bank of Abu Dhabi (NBAD) as sole global co-ordinator. Dubai Islamic Bank and NBAD are working as joint structuring banks.

Source: 

http://www.globalcapital.com/article/rnmpx6vqnqh8/garuda-to-fly-with-dol...