IsDB pockets €1bn on green sukuk debut

Islamic Development Bank_Alamy_230x150
By Ross Lancaster
27 Nov 2019

Islamic Development Bank took €1bn out of the euro market on Wednesday, as it made its green sukuk debut with investors.

IsDB had opened books for a benchmark five year Reg S green sukuk on Tuesday morning. Sole green structuring agent was HSBC and joint lead managers Citi, First Abu Dhabi, HSBC, LBBW, Natixis, Société Générale and Standard Chartered Bank.

The leads had ...

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