ESIC lines up dollar sukuk debut

dubai emirates towers px230 for gc
By Lewis McLellan
15 Jul 2019

The Middle East is regaining its position as the core source of emerging markets issuance after a brief lull in June. Emirates Strategic Investments Company (ESIC) has announced a roadshow for its first dollar sukuk.

ESIC has selected First Abu Dhabi Bank and Standard Chartered to run the deal as joint global coordinators. Bank ABC, Dubai Islamic Bank, Emirates NBD Capital, National Bank of Bahrain and Warba Bank join the ticket as bookrunners.

The bond will be a Reg S five ...

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