Abu Dhabi Islamic Bank on Thursday launched a $1bn Islamic bond, or sukuk, after receiving very strong demand from investors, according to a lead arranging bank.
The final profit rate of 6.375% is tighter than the initial talk in the 7% area.
Abu Dhabi Islamic Bank launches $1bn sukuk
The issuance follows very strong demand from investors, according to an arranging bank
Abu Dhabi Islamic Bank on Thursday launched a $1bn Islamic bond, or sukuk, after receiving very strong demand from investors, according to a lead arranging bank.
The final profit rate of 6.375% is tighter than the initial talk in the 7% area.