Sharjah Islamic Bank Issues Lowest Ever Additional Tier 1 USD Issue in GCC
Sharjah Islamic Bank, leading islamic bank in the UAE has priced its debut Additional Tier 1 (AT1) Sukuk by raising USD 500 million at the lowest price of 5%. The yield SIB’s AT1 Sukuk offers, is the lowest for an AT1 issuance (bonds and sukuk included) in the region. Prior…
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