Ayhan Keser

Al Baraka Turk plans more than $200 mln sukuk issue

Bahraini lender Al Baraka Bank's Turkish unit plans to issue more than $200 million of sukuk, in the last quarter of this year or early 2014, according to executive vice president Ayhan Keser. Keser said the timing would depend on market conditions and the maturity of the sukuk was likely to be 5 years.

UPDATE 2-Turkey raises 1.62 bln lira with lira-dominated sukuk

Turkey announced it had raised its sovereign sukuk to 1.62 billion lira as response to a high demand for the two-year lease certificate that attracted an order book nearly five times the issue size of initial 1-5 billion lira.

See more under: http://www.reuters.com/article/2012/10/02/turkey-lira-sukuk-idUSL6E8L23A...

Syndicate content