Dubai's Emaar Properties mandates banks for possible USD sukuk

August 31, 2016 11:38 AM

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DUBAI Aug 31 Dubai's Emaar Properties has mandated banks for a possible U.S. dollar-denominated Regulation S senior sukuk, it said on Wednesday.

It had selected Standard Chartered as sole global coordinator and Bank ABC, Dubai Islamic Bank, Emirates NBD Capital, First Gulf Bank, Mashreq, National Bank of Abu Dhabi, Noor Bank, Standard Chartered and Union National Bank as joint lead managers and bookrunners, it said in a statement.

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