Dubai Islamic Bank successfully prices $1 billion Sustainable Sukuk

Dubai Islamic Bank successfully prices $1 billion Sustainable Sukuk
Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody's and A by Fitch successfully priced its third Sustainable Sukuk – a landmark USD 1 billion 5-year senior issue with a profit rate of 5.243% per annum representing a spread of 95bps over 5-Year US Treasuries.The Sukuk was issued in line with DIB’s