Emaar Malls 'raising US$750m through sukuk'

Over US$5b orders said to be placed for the 10-year notes

[DUBAI] Emaar Malls Group is raising US$750 million through a debut Islamic bond issue, according to two people familiar with the matter.

The 10-year sukuk may price at about 185 basis points above mid-swaps, the people said, asking not to be identified because the information isn't public.

The owner of...

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