Qatar’s QIIB to price $700m sukuk Thursday
Asa reflection of healthy demand for the sukuk deal, Qatar International Islamic Bank (QIIB) launched a US$700m Islamic bond on Thursday. The price of the issue lies at the lower end of the one revised. The spread of the five-year sukuk is 190 basis points over midswaps. The mandated arrangers on the deal are HSBC, Standard Chartered and QNB Capital.