By Christine Van Dusen
Atlanta, Dec. 7 - Bahrain's Gulf International Bank priced a $300 million issue of sukuk notes due Dec. 7, 2014 with a coupon of Libor plus 130 basis points, according to a company announcement.
JPMorgan was the bookrunner for the deal.
No other details were immediately available on Wednesday.
Gulf International Bank is a merchant bank.
| Issuer: | Gulf International Bank
|
| Amount: | $300 million
|
| Maturity: | Dec. 7, 2014
|
| Description: | Sukuk notes
|
| Bookrunner: | JPMorgan
|
| Coupon: | Libor plus 130 bps
|
| Trade date: | Dec. 7
|
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