Islamic Finance
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FGB set for $500m sukuk
Capital-based First Gulf Bank has mandated Citi, HSBC, NBAD and Standard Chartered banks as joint lead managers for its five-year $500 million sukuk. The sukuk is part of the FGB Sukuk Company Limited’s $3.5 billion Trust Certificate Issuance Programme. Subscription is set to begin today. Last year, FGB received excellent…
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Click here to read the full story: Khaleej Times