DUBAI, April 3 The Islamic Development Bank has
mandated banks for a U.S. dollar-denominated sukuk, a document
issued by one of the lead banks showed on Monday.
The triple A-rated Jeddah-based bank has chosen Boubyan
Bank, Emirates NBD Capital, GIB Capital, Goldman Sachs
International, HSBC, Maybank, Natixis, and Standard Chartered
Bank as joint lead managers and bookrunners.
Subject to market conditions, the fixed rate benchmark sukuk
issuance will be launched and priced in the near future,
according to the document.
(Reporting by Davide Barbuscia; Editing by Greg Mahlich)