Thursday, 14 December 2017 05:14 GMT
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Dubai's Damac to issue USD500 m sukuk

(MENAFN) Dubai's Damac Real Estate plans to issue USD500 million worth sukuk, according to Arabian Business



Data from a leader arranger showed that books now exceed USD1 billion



Damac set price thoughts for its five-year sukuk, in basis points, at midswaps plus the mid-300s



A number of local major banks will be the lead managers of the plan


Dubai's Damac to issue USD500 m sukuk

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