UPDATE 1-Emirates Strategic Investments Co readies debut dollar sukuk sale - Reuters:
Emirates Strategic Investments Co, a firm owned by Sheikh Mansour bin Zayed al-Nahyan, a member of Abu Dhabi’s royal family, has hired banks to arrange investor meetings ahead of a debut U.S. dollar-denominated sukuk issuance, a document showed.
Rated Baa3 by rating agency Moody’s, the company, which has a portfolio of assets across different sectors in the United Arab Emirates, has hired Standard Chartered and First Abu Dhabi Bank as coordinators for the planned five-year Islamic bond sale, according to the document issued by one of the leading banks.
The two lenders have also been mandated as joint lead managers along with Bank ABC, Dubai Islamic Bank , Emirates NBD Capital, National Bank of Bahrain, and Warba Bank.
No comments:
Post a Comment