Dentons advise the Islamic Development Bank on $10 billion programme update and $1 billion issuance

Dentons advised the Islamic Development Bank (IsDB) on the update of the IsDB Trust Services Limited $10 billion Trust Certificate Issuance Programme completed on 24 February 2015. Dentons also advised the IsDB on the issue of $1 billion Trust Certificates due 2020 under the Programme, completed on 12 March 2015. The Programme was listed on the London Stock Exchange and NASDAQ Dubai. The Programme was arranged by HSBC and CIMB, HSBC, National Bank of Abu Dhabi PJSC and Standard Chartered Bank acted as Dealers. The Dentons team was led by Alex Roussos and included senior associate Beene Ndulo and associate Katie Phillips.