Abu Dhabi Islamic Bank will hold investor meetings for a potential dollar-denominated Islamic bond, or sukuk, starting next week, it said in a statement to the bourse on Wednesday.
Meetings kick off in Kuala Lumpur on November 17, and will cover Singapore and the United Arab Emirates, before ending in London on November 21.
A sukuk issue under the bank's existing $5 billion programme "may follow, subject to market conditions," the statement said. The company is eyeing a benchmark-sized deal, widely accepted to mean at least $500 million.
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