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Dubai’s Noor Bank picks banks for dollar-denominated #sukuk issue

Tue, 2016-05-17 14:33 — newsdesk

Dubai’s Noor Bank has picked seven banks to arrange investor meetings ahead of a potential Tier 1 dollar-denominated sukuk issue. Joint global coordinators include: Citi, Standard Chartered, Dubai Islamic Bank, Emirates NBD Capital, First Gulf Bank, Noor Bank and Sharjah Islamic Bank. Dubai’s government owns 48% of Noor Bank, which starts to hold meetings with fixed income investors in the Middle East, Asia and Europe.

Source: 

gulfnews.com/business/sectors/markets/dubai-s-noor-bank-picks-banks-for-dollar-denominated-sukuk-issue-1.1828668