Al Hilal Bank holds investor meetings for planned dollar sukuk

By Rebecca Melvin

New York, Sept. 5 – Al Hilal Bank is holding fixed-income investor meetings this week for a planned U.S. dollar-denominated five-year sukuk, or Islamic bond, according to a market source.

The meetings for the Regulation S deal were arranged by Al Hilal Bank, Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, JPMorgan, Nomura and Standard Chartered Bank.

Further details were not immediately available.

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