Qatar Islamic Bank's QISB.QA (QIB) benchmark five-year Islamic bond, is said to yield around 262.5 basis points over midswaps, or just over 4 percent, three sources, including a lead arranger, said on Wednesday.
QIB wants to raise a minimum of $500 million from the A-rated bond, but two sources said the Islamic lender could raise as much as $750 million.
HSBC, Credit Suisse and QInvest are joint lead managers and bookrunners on the deal. Roadshows conclude in Europe on Thursday."
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