Jun 28 2011 |
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Almana Group Launches Five-Year Floating Rate Sukuk
Qatar's Almana Group W.L.L. launched today a five year US$ RegS floating rate Trust Certificate sukuk offering by Almana Sukuk 2011 Limited, a limited liability special purpose company incorporated in the Cayman Islands, guaranteed by Almana Group W.L.L. and its major subsidiaries.An application has been made to list the sukuk on the London Stock Exchange.
Gulf International Bank ( GIB ) is acting as Sole Bookrunner to the offering and Joint Lead Managers are Gulf International Bank B.S.C., Barwa Bank Q.S.C. and Qatar Islamic Bank S.A.Q.
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