Thursday 11 October 2012

Qatar lender QIIB prices $700 mln 5-yr sukuk - Yahoo! News Maktoob

Qatar International Islamic Bank priced a $700 million five-year sukuk on Thursday, at a profit rate of 2.688 percent.
HSBC Holdings, Standard Chartered and QNB Capital, a unit of Qatar National Bank were mandated
bookrunners on the deal.
QIIB launched the sukuk earlier in the day at the lower end of revised price guidance, in a reflection of healthy demand for the deal.

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