By Marisa Wong
Los Angeles, Feb. 7 – Qatar Islamic Bank subsidiary QIB Sukuk Ltd. priced $800 million of trust certificates due Feb. 7, 2025, according to a notice.
The securities have a floating interest rate.
The series 19 trust certificates will be listed on Euronext Dublin.
The bank is based in Doha, Qatar.
| Issuer: | QIB Sukuk Ltd.
|
| Issue: | Trust certificates
|
| Amount: | $800 million
|
| Maturity: | Feb. 7, 2025
|
| Coupon: | Floating
|
| Announcement date: | Feb. 7
|
| Listing: | Euronext Dublin
|
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