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Dubai Investments’ unit mulls 5-yr sukuk issue

Dubai Investments’ unit mulls 5-yr sukuk issue
The meetings will take place in Abu Dhabi, Dhabi, Hong Kong, London, and Singapore on 25 January
Dubai Investments
DIC
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Dubai – Mubasher: Dubai Investments Park, the wholly-owned subsidiary of Dubai Investments, has mandated five joint lead managers and bookrunners to arrange meetings with fixed income investors before its planned five-year sukuk issue.

Dubai Investments’ unit mandated Citi, Dubai Islamic Bank (DIB), Emirates NBD Capital, First Abu Dhabi Bank (FAB), and HSBC, according to a statement to the Dubai Financial Market (DFM).

The meetings for the potential sukuk issue will take place in Abu Dhabi, Dhabi, Hong Kong, London, and Singapore on 25 January, the statement added.

The DFM-listed company further noted that Al Mal Capital will be the financial advisor on the deal.