Hedge Funds & Alternative Investments
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Al Hilal Bank issues $100million private placement Sukuk under its Euro medium term note programme
Aiming to diversify its funding base and tenors, Al Hilal Bank has issued a US$100 million private placement Sukuk. This is the third issuance under Al Hilal Bank’s US$2.5 billion Euro Medium Term Note, EMTN, programme. The two-year US$100 million RegS floating rate Sukuk was priced at three-month LIBOR +…
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