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Islamic Finance Uncategorized

Al Hilal Bank offers USD500m additional Tier 1 sukuk capital

July 2, 2014

By News Team

Al Hilal Bank has successfully priced USD 500 million Perpetual Additional Tier 1 sukuk certificates, marking the first Tier 1 issuance out of the Middle East since May 2013. The transaction, which was 9 times oversubscribed, drew demand worth USD 4.5 billion from over 200 investors. The offering follows Al…

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Source: Al Hilal Bank

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