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Jun 06 2012

IDB said to mandate banks for dollar sukuk

RIYADH: Islamic Development Bank ( IDB ), a Saudi Arabia-based lender, mandated banks for the possible sale of dollar-denominated Islamic bonds, three people familiar with the matter said.
BNP Paribas, CIMB Group Holdings, HSBC Holdings, NCB Capital and Standard Chartered were mandated as joint lead managers and book-runners for the transaction, said the people.

© Times of Oman 2012


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