DUBAI- Turkey, acting through the ministry of finance, has appointed banks to arrange a potential issue of U.S. dollar-denominated sukuk, or Islamic bonds, with a three-year maturity, according to a document issued by one of the banks.
Citi C.N , KFH Capital and Standard Chartered Bank have been hired as joint lead managers and bookrunners for the debt sale, which is subject to market conditions.
(Reporting by Davide Barbuscia; Editing by Catherine Evans) ((Davide.Barbuscia@thomsonreuters.com; +971522604297; Reuters Messaging: davide.barbuscia.reuters.com@reuters.net))