Qatar International Islamic Bank (QIIB) will issue a $700 million sukuk on Thursday, arranging banks said, and has revised earlier price guidance in a reflection of healthy demand for the deal.
Price guidance for the five-year deal has been set at between 190-195 over midswaps, tighter than indicated, with order books reportedly at $2.7 billion on Wednesday afternoon.
HSBC, Standard Chartered and QNB Capital are mandated arrangers on the deal. Investor meetings concluded in London on Wednesday.
No comments:
Post a Comment