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Goldman Sachs gets back in the sukuk business

In a landmark offering made on the 16th September 2014, Goldman Sachs became the first US bank to issue sukuk. Sources say the New York-based lender attracted bids for three times the US$500 million of sukuk it sold. The five-year sukuk was priced to yield 90 basis points, or 0.9 percentage point, over the benchmark […]