ADCB mandates bookrunners for benchmark sukuk
Abu Dhabi Commercial Bank (ADCB) has mandated itself and three other banks as bookrunners as it looks to issue up to $750m of five-year sukuk as early as this week. JP Morgan, Bank of America Merrill Lynch and Standard Chartered will join ADCB as joint lead managers and bookrunners of the Reg S deal, which could proceed without formal roadshows.
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