Qatar- QIIB appoints lead arrangers for Sukuk issuance


(MENAFN- The Peninsula) The Peninsula

DOHA: Qatar International Islamic Bank (QIIB), the third largest listed Islamic bank in Qatar by total assets, appointed Al Khalij Commercial Bank, Barclays, Barwa Bank, Boubyan Bank, Maybank, QNB Capital and Standard Chartered Bank as Joint Lead Managers and Bookrunners to arrange fixed income investor meetings in Kuala Lumpur, Hong Kong, Singapore and London. A benchmark Regulation S Registered USD Sukuk with a tenor of 5 years will follow under QIIB's USD 2bn Sukuk programme subject to market conditions, the bank said in a statement issued here yesterday.

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