QIB set to issue five-year USD-denominated sukuk
Doha
Qatar Islamic Bank (QIB) has mandated Abu Dhabi Islamic Bank, Bank ABC, Dubai Islamic Bank, Dukhan Bank, Emirates NBD Capital, HSBC, KFH Capital, Mashreq, QNB Capital, QInvest, SMBC, Standard Chartered Bank and The Islamic Corporation for the Development of the Private Sector as Joint Lead Managers and Joint Bookrunners (the 'Joint Lead Managers') to arrange a USD-denominated Regulation S only 5-year benchmark size fixed rate, senior unsecured Sukuk offering issued by QIB Sukuk.
Under the Issuer's $5 billion Trust Certificate Issuance Programme, subject to market conditions.
The Financial Conduct Authority (FCA) and the International Capital Market Association (ICMA) stabilisation will apply.
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