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Request for Proposal - Tunesia US-Dollar dominated sukuk

Mon, 2014-10-13 11:04 — newsdesk

The Republic of Tunisia has sent banks request for proposals for a potential US dollar denominated sukuk transaction. The sovereign, rated Ba3/B/BB-, hopes to complete the debut Islamic bond by the end of the year and thereby becoming the fifth sovereign to issue a debut sukuk this year, after the UK, Sharjah, Hong Kong, South Africa and Luxembourg.

Source: 

http://www.ifrasia.com/tunisia-sends-rfp-for-debut-us-dollar-sukuk/21168...