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Abu Dhabi's Al Hilal Bank Launches $500 mln Debut Sukuk
Abu Dhabi government-owned Al Hilal Bank launched its debut $500 million five-year sukuk issue with the projected pricing much tighter than the initial guidance, a document from lead managers said on Tuesday, indicating healthy demand for the deal. The transaction is set to price at 170 basis points over midswaps,…
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Click here to read the full story: Reuters