Dubai's Tamweel launches $300 mln 5-yr sukuk-leads
1/12/2012 10:13:41 AM
DUBAI: Dubai's Tamweel, a sharia-compliant mortgage provider, has launched a $300 million five-year Islamic bond, or sukuk, a document from lead managers said on Tuesday.
The transaction is guaranteed by majority shareholder Dubai Islamic Bank and follows a series of roadshows which took place before year-end.
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