QIB to launch dollar-based Islamic bond

25 September 2010

Qatar Islamic Bank (QIB) plans to launch its first dollar-denominated benchmark Islamic bond (sukuk) after the completion of investor roadshows, which began on September 24, MEED has reported. The roadshows are planned to take place across the Middle East, Asia and Europe. QIB has mandated Credit Suisse, HSBC and QInvest as joint lead managers and bookrunners for the issue, the bank said.

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