Dubai Islamic Bank takes orders for debut sustainable sukuk - document

BY Reuters | TREASURY | 11/22/22 12:58 AM EST

DUBAI, Nov 22 (Reuters) - Dubai Islamic Bank has given initial price guidance of around 175 basis points over U.S. Treasuries for five-year debut sustainable Islamic bonds, a bank document showed on Tuesday.

Bank ABC, Dubai Islamic Bank, Emirates NBD Capital , First Abu Dhabi Bank, KFH Capital, HSBC (HSBC), Sharjah Islamic Bank and Standard Chartered (SCBFF) are arranging the deal, which is expected to price later on Tuesday. (Reporting by Yousef Saba; Editing by Christopher Cushing)

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