Dar Al-Arkan hits the road for sukuk

Arabian Peninsula wiki 230x150
By Lewis McLellan
02 Oct 2019

Dar Al-Arkan Real Estate Development Company has mandated eight banks to arrange a long five year Reg S benchmark sukuk and is starting the roadshow for the deal on Thursday.

Alkhair Capital, Deutsche Bank, Dubai Islamic Bank, Emirates NBD Capital, Goldman Sachs International, Noor Bank, Standard Chartered Bank and Warba Bank are joint lead managers and bookrunners on the deal.

Investor meetings for the note start on Thursday and will take place in the Middle ...

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