Jafza sukuk books open with $1bn already in

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Jafza sukuk books open with $1bn already in

Indicative orders of more than $1bn have already come in for a $650m seven year sukuk from Dubai's Jebel Ali Free Zone (Jafza), after books opened on Tuesday morning for the Reg S deal. Profit rate guidance is 7.00%-7.25%, from price thoughts of 7% given on Monday.

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