Bank Al-Jazira Hires HSBC, JPMorgan to Sell Islamic Bonds
The bond sale is to “enhance the bank’s capital and support its business expansion plans,” the Saudi Arbaian lender said in a statement to the local bourse today. The bank will announce the size of the bond after investor meetings in Riyadh, Jeddah and Dammam.
To contact the reporter on this story: Shaji Mathew in Dubai at email@example.com
To contact the editor responsible for this story: Claudia Maedler at firstname.lastname@example.org