Dubai Islamic Bank expected to sell over $200 mln in tap of 2026 #sukuk - document

Dubai Islamic Bank is expected to sell more than $200 million of its existing sukuk issuance due in 2026. The bank set final price guidance at 240-245 basis points over midswaps, tightening from initial price guidance of around 250 bps. DIB received more than $500 million in orders for the deal.