Qatar International Islamic Bank lines up sukuk roadshow
Qatar International Islamic Bank (QIIB) is looking to issue a sukuk and has mandated HSBC, QNB Capital and Standard Chartered Bank to arrange a series of investor meetings in the Middle East, Asia and Europe. These will begin on Sunday, October 7.
QIIB approaches the Islamic market soon after its peer, Qatar Islamic Bank. QIB this week priced a $750m five year sukuk at 175bp over mid-swaps, having obtained a $6bn order book for the deal.
Weak market conditions in the latter part of last year put paid to
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