Tagged: Citigroup

KFH issues $1.5b ‘sukuk’ for Turkey

KFH issues $1.5b ‘sukuk’ for Turkey

Kuwait Finance House has issued $1.5 bln sukuk for Turkey in cooperation with Citigroup and HSBC. It is the first issuance of this kind for the Government of Turkey. The expectations of the financing are high due to high amount of potential investors (…

Turkey takes first steps to Sukuk

Turkey takes first steps to Sukuk

According to a statement by the Undersecretariat of the Treasury in Turkey, Citigroup, HSBC and Liquidity House have been mandated to investigate opportunities concerning the issuance of a Lease Certificate in the international capital markets. For thi…

EIB completes issuance of $500m sukuk certificates

EIB completes issuance of $500m sukuk certificates

Emirates Islamic Bank (EIB) has successfully ended the issuance of $500 million sukuk certificates, maturing in 2017 off their $1,000 million Trust Certificate Issuance Programme. The programme is guaranteed by Emirates NBD rated A3 by Moody’s and A+ b…

Tamweel hire banks for likely bond sales

Tamweel hire banks for likely bond sales

Tamweel hired banks for a possible bond sale as it looking for financing to repay liabilities and increase lending. The shares presented a jumprecord in a month.
Citigroup, Standard Chartered and Dubai Islamic Bank will make appointments for investor m…

Abu Dhabi Islamic Bank up on sale roadshow

Abu Dhabi Islamic Bank up on sale roadshow

It seems that Abu Dhabi Islamic Bank (Adib) rose the most in three months, as the country’s second-biggest Sharia-compliant lender continued with its roadshow to sell a $500 million five-year sukuk.
The sale will be oragnized by Citigroup, HSBC Holding…