Turkiye Finans issues $500 mln sukuk at 3.95 pct -bankers

Turkish Islamic bank Turkiye Finans issued a $500 million dollar-denominated sukuk, at a price of 3.95 percent on Wednesday. The bank, majority owned by Saudi Arabia's National Commercial Bank, had mandated Citigroup, HSBV, NCB Capital and Noor Islamic Bank for the issue last week.