Flydubai debut places dollar sukuk record in sight

By Steven Gilmore
13 Nov 2014

Dubai government owned airline flydubai has set roadshow dates for its first benchmark dollar sukuk. The borrower will be ready to launch its deal next week, as the sukuk market draws closer to a record year for dollar issuance.

2Joint leads Crédit Agricole, Dubai Islamic Bank, Emirates NBD Capital, HSBC, National Bank of Abu Dhabi, Noor Bank and Standard Chartered Bank began the investor meetings on Thursday. The roadshow starts with one-to-one meetings in Singapore, before moving to Abu Dhabi and Dubai on Monday 17 and finishing ...

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