Masraf Al Rayan has mandated Al Rayan Investment, Boubyan Bank, MUFG, QNB Capital and Standard Chartered Bank as Joint Lead Managers & Bookrunners to arrange a series of fixed income investor meetings in Hong Kong, Singapore and London, commencing tomorrow.
A benchmark size fixed rate USD Regulation S 5-year Senior Unsecured Sukuk offering under Masraf Al Rayan’s $2bn Trust Certificate Issuance Programme will follow, subject to market conditions, the bank announced in a regulatory filing yesterday.