Home

#Qatar International Islamic Bank eyes dollar benchmark #sukuk in Feb - sources

Thu, 2017-12-07 10:54 — newsdesk

Qatar International Islamic Bank (QIIB) plans to issue a U.S. dollar-denominated benchmark sukuk in February. Benchmark deals are generally upwards of $500 million. One of the sources said the transaction could go up to $700 million in size. The sukuk issuance would be QIIB’s first debt sale under a $2 billion sukuk programme the bank established in October. The sukuk programme is arranged by QNB Capital, Citigroup and Standard Chartered.

Source: 

https://www.reuters.com/article/qiib-sukuk/qatar-international-islamic-b...