Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the Gulf Arab emirate, is planning to issue a benchmark-sized, dollar-denominated Islamic bond, or sukuk, lead arranging banks said.
Roadshows for the bond sale will begin in Kuala Lumpur on Thursday and end in London on Monday, a document issued by the lead banks on Tuesday showed.
In addition to DIB, an advisor to Dubai government's recent $1.25 billion bond sale, the lead banks for the bond issue are HSBC, National Bank of Abu Dhabi, Emirates NBD, Deutsche Bank.
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