Sharjah Islamic Bank sets size at $500 million and tenor at five years for new Islamic bonds

By Christine Van Dusen

Atlanta, March 10 – Sharjah Islamic Bank PJSC set the size at $500 million and the tenor at five years for its upcoming issue of Islamic bonds, according to a company announcement.

Abu Dhabi Islamic Bank, Al Hilal Bank, Dubai Islamic Bank, Emirates NBD Capital, HSBC, KFH Investment, Noor Bank and Standard Chartered Bank are the bookrunners for the Regulation S deal.

The notes are expected to price on Tuesday.

© 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.