GIB Capital is pleased to announce its role as a Joint Active Lead Manager and Bookrunner in the issuance of USD 1.75 bln Senior Unsecured Sukuk for the Islamic Development Bank (IsDB), with a five-year tenor priced on March 11.
 
The Sukuk generated over USD 2 bln in orders, and the books were globally diversified with participation from the UK, Asian, and regional investors.
 
GIB Capital reaffirms its commitment to delivering best-in-class financial services and solutions to its clients and looks forward to further strengthening its partnership with the Islamic Development Bank in support of its development objectives.