Investors expect Sharjah sukuk to price back of RAK

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Investors expect Sharjah sukuk to price back of RAK

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The emirate of Sharjah will be ready to launch its debut sukuk next week after starting investor meetings on Wednesday. A Middle East market awash with liquidity will welcome the deal with open arms, but the issuer is still likely to offer a concession relative to the main comparable Ras Al-Khaimah, said one investor.

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