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Sharjah sets talk in mid-swaps plus 120 bps area for 10-year sukuk
By Christine Van Dusen
Atlanta, Sept. 9 – The Emirate of Sharjah set talk in the mid-swaps plus 120 basis points area for its offering of benchmark-sized and dollar-denominated notes due in 10 years (A3/A/), a market source said.
HSBC, National Bank of Abu Dhabi and Standard Chartered Bank are the bookrunners for the Regulation S deal.
The notes are expected to price on Wednesday.
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