Pakistan sukuk roadshows concludes in ME

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Pakistan sukuk roadshows concludes in ME

Having successfully concluded the Middle East roadshows, the Pakistan team led by the Finance Minister Ishaq Dar left for London.

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Published: Tue 25 Nov 2014, 11:09 AM

Last updated: Sat 4 Apr 2015, 3:20 AM

Dubai: Pakistan has embarked on sukuk investors roadshows, which began in Abu Dhabi on Monday with a second conference in Dubai later in the day.

Having successfully concluded the Middle East roadshows, the Pakistan team led by the Finance Minister Ishaq Dar left for London.

A US dollar denominated benchmark 144A/Regulation S Sukuk transaction would follow subject to market conditions and investors response after conclusion of roadshows tomorrow in Singapore and London.

The group meetings in Abu Dhabi and Dubai were well received by a wide range of quality investors.

The economic team has now embarked on tapping the fast-growing and highly-liquid base of sukuk investors to consolidate macro-economic stability direction and enhance the forex reserves of the country.


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