Dubai Islamic Bank starts to market 2026 sukuk reopening – document

DUBAI: The United Arab Emirates’ largest Islamic lender Dubai Islamic Bank has begun marketing a tap issue of its existing sukuk maturing in 2026, the media reported.

In its post on Tuesday, Reuters quoted a document saying the bank gave price guidance of around 250 bps over midswaps for the reopening of the sukuk issued earlier this month.

Under a bond tap, it added, an existing transaction is reopened for subscription, using the same documentation as before.



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