Tuesday, 19 January 2016

Sharjah says targeting 5-year sukuk, could issue as soon as this week | GulfNews.com

Sharjah says targeting 5-year sukuk, could issue as soon as this week | GulfNews.com:

"The emirate of Sharjah is targeting a five-year sukuk offering and could launch a transaction as early as this week, a document from lead arrangers showed on Tuesday.

The sovereign finished roadshows on Monday in London, following investor meetings in the Middle East and Asia last week, and was now in the process of receiving feedback from the market, the document added.

The emirate mandated Bank Of Sharjah, Barclays, Commerzbank, Dubai Islamic Bank, HSBC and Sharjah Islamic Bank to arrange the meetings and the possible transaction."



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