
Boubyan Bank US$ 5year sukuk IPTs T+130bp area: IFR
Boubyan Bank is marketing a US dollar five-year sukuk at initial price guidance of Treasuries plus 130bp area. Boubyan Sukuk is the issuer and Boubyan Bank the obligor. The Reg S senior deal will be rated A by Fitch. The obligor, rated A2/A/A, is …