Business & Finance

Qatar Islamic Bank to sell $750mn sukuk Wednesday

Published October 3, 2012 Updated October 3, 2012 07:50am

 

Final price guidance for the sukuk tightened to 175-180 basis points over midswaps after substantial demand for the deal, with order books over $6 billion.

 

HSBC Holdings, Standard Chartered, Deutsche Bank and Qinvest, part-owned by QIB, are arranging the deal, which is due to price during morning, London time.

 

Copyright Reuters, 2012