Abu Dhabi’s Al Hilal Bank sets roadshow for dollar benchmark sukuk

By Aleesia Forni

Virginia Beach, June 13 – Abu Dhabi-based Al Hilal Bank will set out on June 15 for a roadshow to market a dollar-denominated offering of benchmark-sized perpetual Islamic bonds, a market source said.

HSBC, Emirates NBD, Standard Chartered Bank, Citigroup, National Bank of Abu Dhabi and Al Hilal Bank are the bookrunners for the proposed tier 1 offering.

The meetings will kick off in Abu Dhabi and Dubai on Sunday before moving to Hong Kong on Tuesday, Singapore on Wednesday, London on June 20 and Switzerland on June 23.

The lender is owned by the Abu Dhabi government.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.