Price talk emerges on Emirates 10-yr amortising sukuk

Victoria
By Victoria March 11, 2013 12:48

Price talk emerges on Emirates 10-yr amortising sukuk

Emirates is completing roadshows in London today for its 10-year amortising Islamic bond, sukuk. Early price talk for the sukuk, which is expected to be around $500m with an average weighted life of five years, is ranging from 300 basis points to up to 350 bps area over five-year midswaps.
Citigroup, Standard Chartered, Abu Dhabi Commercial Bank , Abu Dhabi Islamic Bank, Dubai Islamic Bank and ENBD Capital are the mandated banks.

Victoria
By Victoria March 11, 2013 12:48
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