Sharjah Islamic Bank talks $500 million five-year Islamic bonds at mid-swaps plus 125 bps area

By Christine Van Dusen

Atlanta, March 10 – Sharjah Islamic Bank PJSC set talk in the mid-swaps plus 125 basis points area for a $500 million offering of five-year notes that’s expected to price on Tuesday, a market source said.

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.

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