Friday 19 April 2024
 
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Kuveyt Turk

Turkish bank Kuveyt Turk plans $500m sukuk

Turkish participation bank Kuveyt Turk plans to price a benchmark-sized Islamic bond issue on Thursday after giving initial price thoughts for the five-year offering, a document from lead managers said. Pricing for the deal is cur

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KFH Turkish unit launches $350m sukuk

Kuwait Finance House's Turkish unit Kuveyt Turk has launched a $350 million five-year sukuk issue, according to a document issued by leads. The paper will carry an initial profit rate of 5.875 percent, which is inside the 6 percent ar

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