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Turkey’s Albaraka whispers dollar-denominated sukuk at 10% yield
By Christine Van Dusen
Atlanta, Nov. 18 – Turkey’s Albaraka Turk Katilim Bankasi AS whispered its dollar-denominated sukuk at 10%, a market source said.
Standard Chartered Bank, Barwa Bank, Dubai Islamic Bank, Emirates NBD Capital, Nomura International, Noor Bank and QInvest are the bookrunners for the Regulation S deal.
Other details were not immediately available on Wednesday.
The issuer is an Istanbul-based lender.
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