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Press release - The start of arranging a series of meetings with investors regarding the issuance of Al Rayan Sukuk

Oct 29 2019

Masraf Al Rayan (Q.P.S.C.) (MAR), rated A1 (stable) by Moody’s, the second largest Islamic bank in Qatar by total assets, 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 on 31 October 2019.

A benchmark size fixed rate USD Regulation S 5-year Senior Unsecured Sukuk offering under MAR’s U.S.$2,000,000,000 Trust Certificate Issuance Programme will follow subject to market conditions. FCA/ICMA stabilisation applies.

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