DUBAI, Aug 31 (Reuters) - Bahrain-headquartered Ahli United
Bank has hired banks to arrange the sale of U.S.
dollar-denominated five-year senior sukuk, or Islamic bonds, a
bank document showed on Tuesday.
HSBC and JPMorgan were hired as joint
global coordinators, joined by Bank ABC, Dubai Islamic
Bank, Kamco Invest, KFH Capital,
Kuwait International Bank and Mashreq as
joint lead managers, the document from one of the banks,
reviewed by Reuters, said.
They will hold investor calls from Tuesday, to be followed
by a transaction, subject to market conditions, of benchmark
size, which typically means at least $500 million.
(Reporting by Yousef Saba, Editing by Louise Heavens)
HSBC Holdings (HSBA)
