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KFH-Turkey issues capital boosting $350m sukuk

Kuwait Finance House Turkey has issued Tier 2 capital-boosting sukuk worth USD 350 million to support its capital situation.  The bank has set the yield at 7.9 percent for 10-year tenure. The sukuk will be listed on the Irish Stock Exchange for trading. The credit rating agency "Fitch" assigned an…

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Source: KFH

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