DI Park final order book for sukuk at $4bn
London, February 13, 2014
Dubai Investments Park has recorded an order book of around $4 billion on its new $300 million, five-year Reg S sukuk transaction.
The deal was launched this morning at 265 basis points over swaps, 35 bps inside of guidance.
Pricing is expected later today via Al Hilal Bank, Citigroup, DIB and ENBD. - Reuters