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English news

16-May-2016

Noor Bank mandates banks for a Tier 1 sukuk

Dubai’s Noor Bank has mandated banks to arrange meetings with fixed-income investor meetings in the Middle East, Asia and Europe commencing 17 May 2016. Dubai Islamic Bank, Emirates NBD Capital, First Gulf Bank, Noor Bank and Sharjah Islamic Bank are joint lead managers. The bank plans a perpetual Tier 1 bond. (Bloomberg)

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