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Dubai's Emaar Malls tightens guidance for 10-year sukuk

The firm, which owns Dubai Mall, one of the world's biggest shopping centres, had set initial pricing thoughts in the area of 200 bps over midswaps earlier in the day. It expects to close the books on Wednesday.
Two Abu Dhabi-based banks - Al Hilal Bank and Abu Dhabi Islamic Bank - were earlier added to the list of eight existing book runners for the deal.
The other book runners are Dubai Islamic Bank, Emirates NBD, Mashreq, Morgan Stanley
 First Gulf Bank, National Bank of Abu Dhabi, Noor Bank and Standard Chartered.
Emaar Malls said the deal would remain benchmark size, which is traditionally understood to mean in excess of $500 million.

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