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Kuveyt Turk Looking to Issue Short Term Lira Sukuk

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today 06 November 2015 GMT

Kuveyt Turk is looking to issue short term sukuk this coming week. The local currency denominated transaction will be for up to TRY200 million and follows a successful offering completed in September for TRY150 million.


Earlier in the year, the Turkish based bank, who is majority owned by Kuwait Finance House issued a Malaysian Ringgit sukuk for 300 million ringgit.


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