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Qatar’s Dukhan Bank prices 5.5-year $500mln sukuk
Dukhan Bank, rated A2 (stable) by Moody’s and A (negative) by Fitch, has priced its $500 million AT1 sukuk at sharply tighter levels than initial price thoughts, with the deal finalised at a 6% semi-annual coupon and yield, tightening from the 6.5% area. The transaction was nearly 3x oversubscribed at…
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