Published: January 6, 2015
UAE-based bank will meet investors this week ahead of possible benchmark issuance.
Dubai Islamic Bank (DIB) has mandated arrangers for a dollar-denominated perpetual sukuk.
The UAE-based bank will meet investors in Asia, the Middle East and Europe in a roadshow beginning on Thursday January 8. In a statement the bank said any subsequent issuance will be of benchmark size, typically taken to mean at least US$500mn.
HSBC and Standard Chartered are joint structuring banks, joined as lead managers by Al Hilal Bank, Emirates NBD Capital, HSBC, National Bank of Abu Dhabi, Noor Bank, Sharjah Islamic Bank and DIB itself.