BUSINESS

IFR-Dubai Investments Park final order book for sukuk at $4 bln

LONDON, Feb 13 (IFR) - Dubai Investments Park has recorded an order book of around $4 billion on its new $300 million, five-year Reg S sukuk transaction.The deal was launched this morning at 265 basis points over swaps, 35 bps inside of guidance.Pricing is expected later today via Al Hilal Bank, Citigroup, DIB and ENBD.(Reporting by Abhinav Ramnarayan)((andrew.torchia@thomsonreuters.com)(+9715 668

Reuters News

February 13, 2014

LONDON, Feb 13 (IFR) - Dubai Investments Park has recorded an order book of around $4 billion on its new $300 million, five-year Reg S sukuk transaction.

The deal was launched this morning at 265 basis points over swaps, 35 bps inside of guidance.

Pricing is expected later today via Al Hilal Bank, Citigroup, DIB and ENBD.

(Reporting by Abhinav Ramnarayan)

((andrew.torchia@thomsonreuters.com)(+9715 6681 7277)(Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))

Keywords: EMIRATES DUBAI/BOND ORDERS