Citigroup Inc.

Jafza Said To Seek $1.85 Billion From Sukuk Sale, Bank

Jebel Ali Free Zone FZE wants to raise a mix $1.85 billion from a bank facility and the sale of Islamic bonds to help refinance its 7.5 billion-dirham ($2 billion) debt maturing in November.
It appears that the company authorized Abu Dhabi Commercial Bank PJSC, Abu Dhabi Islamic Bank PJSC, Citigroup Inc., Dubai Islamic Bank PJSC, Emirates NBD PJSC, National Bank of Abu Dhabi PJSC and Standard Chartered Plc to prepare investor meetings in Asia, Europe and the Middle East from June 5 ahead of a possible sukuk sale.

Bahrain says still planning to sell Islamic bonds

Sheikh Salman bin Isa Al Khalifa, executive director of banking operations at Bahrain's Central Bank, stated that Bahrain is still planning to sell sukuk.
It seems that Bahrain has hired Citigroup Inc., BNP Paribas SA and Standard Chartered Plc to counsel on the sale of US$1 billion in bonds in October.

Malaysia Said to Plan US Dollar Sovereign Islamic Bond Sale

In order to help the government of Malaysia with a planned sale of U.S. dollar denominated Islamic notes, CIMB Group Holdings Bhd., Citigroup Inc., HSBC Holdings Plc and Malayan Banking Bhd. were hired.

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