IsDB makes debut with green sukuk

By Ross Lancaster
26 Nov 2019

Islamic Development Bank on Tuesday came to investors with a benchmark five year deal, two weeks after announcing its intention to issue a green sukuk in the euro market.

The Aaa/AAA/AAA rated issuer ran a roadshow for the deal last week. Sole green structuring agent was HSBC and joint lead managers were Citi, First Abu Dhabi, HSBC, LBBW, Natixis, Société Générale and Standard Chartered Bank.

The leads gave initial price thoughts in ...

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