Islamic Finance
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Bahrain's Ahli United Bank launches $600 million senior sukuk
Bahrain-headquartered Ahli United Bank sold $600 million in five-year sukuk, or Islamic bonds, at 175 basis points over mid-swaps, a document showed on Thursday. The spread was tightened from initial price guidance of around 200 basis points over mid-swaps after the sukuk drew more than $1.3 billion in orders, the…
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