Guidance has been set at 50 basis points over midswaps, according to the document.
Islamic Development Bank on Wednesday opened books and set initial price thoughts in the range of mid-to-high 50s bps.
The sukuk offering is being arranged by Boubyan Bank, CIMB, Emirates NBD Capital, Gulf International Bank, JP Morgan, Natixis and Standard Chartered.
Advertisement(Reporting by Archana Narayanan; Editing by David French) ((firstname.lastname@example.org; +971 445 36240; Reuters Messaging: email@example.com))
Keywords: ISLAMIC DEVELOP SUKUK/
© Copyright Zawya. All Rights Reserved.