Flydubai... benchmark dollar sukuk plans
Flydubai picks 7 banks for sukuk roadshow
LONDON, November 12, 2014
The United Arab Emirates' flydubai has mandated CACIB, Dubai Islamic Bank, Emirates NBD, HSBC, NBAD, Noor Bank and Standard Chartered to arrange a series of fixed incoming investor meetings for a potential dollar-denominated benchmark sukuk.
The roadshow will head to Singapore on November 13, Abu Dhabi and Dubai on November 17 and London on November 18. A Reg S only deal may follow. – Reuters