Emirates Islamic's $500m sukuk issue draws in a substantial $1.2b
Emirates Islamic has closed a $500 million five-year sukuk forming part of its $2.5 billion 'Certificate Issuance Programme'. The issue, rated A+ by Fitch, will be listed on Nasdaq Dubai and Euronext Dublin. Investors showed strong appetite, ensuring an order book of $1.2 billion and nearly 2.4 times the issuance…
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