Thursday 1 March 2018

Emirate of Sharjah hires banks for sukuk offering

Emirate of Sharjah hires banks for sukuk offering:

"The Emirate of Sharjah has mandated banks for a US dollar sukuk transaction, according to a lead. The issuer has hired HSBC as global coordinator, and as a joint lead manager and bookrunner alongside Dubai Islamic Bank, Sharjah Islamic Bank and Standard Chartered. Fixed income investor meetings will take place in the UAE and UK, commencing March 4."



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