UPDATE 1-Islamic Development Bank sells $1.5 bln in 5-yr sukuk – document

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UPDATE 1-Islamic Development Bank sells .5 bln in 5-yr sukuk – document The Jeddah-based Islamic Development Bank sold $1.5 billion in five-year sukuk on Thursday, a document showed, which it will use to finance projects in member countries responding to the coronavirus pandemic. Kilde: http://www.reuters.com/rssFeed/newIssuesNews

UPDATE 2-Prudential sells Jackson equity stake to Apollo-backed Athene for $500 mln

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UPDATE 2-Prudential sells Jackson equity stake to Apollo-backed Athene for 0 mln Prudential sold a minority stake in its U.S. business, Jackson, to Apollo Global-backed Athene Holding for $500 million, the insurer said on Thursday, in the first phase of its plan to create an independent U.S. business. The London-listed, Asia-focused insurer, which is also regulated in Hong Kong, has …

Islamic Development Bank sets spread for 5-yr dollar sukuk – document

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Islamic Development Bank sets spread for 5-yr dollar sukuk – document The Jeddah-based Islamic Development Bank set the spread for its five-year U.S. dollar-denominated sukuk at 55 basis points over midswaps, a bank document showed on Thursday, tightening by 15 bps from where it began marketing the sale on Wednesday. Kilde: http://www.reuters.com/rssFeed/newIssuesNews

Prudential sells Jackson equity stake to Apollo-backed Athene for $500 mln

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Prudential sells Jackson equity stake to Apollo-backed Athene for 0 mln Prudential has sold a minority stake in its U.S. business, Jackson, to Apollo Global-backed Athene Holding for $500 million, the insurer said on Thursday, in the first phase of its plan to exit the U.S. insurance market. The London-listed, Asia-focused insurance firm, which is also regulated in Hong Kong …

Islamic Development Bank tightens guidance for 5-yr dollar sukuk – document

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Islamic Development Bank tightens guidance for 5-yr dollar sukuk – document The Jeddah-based Islamic Development Bank tightened price guidance for its five-year U.S. dollar-denominated sukuk to 60 bps plus or minus 5 bps over midswaps, a bank document showed on Thursday. Kilde: http://www.reuters.com/rssFeed/newIssuesNews

Nationalised Alitalia will not be in competition with low costs-minister

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Nationalised Alitalia will not be in competition with low costs-minister A new, state-controlled Alitalia will not be in competition with the low-cost carriers operating in the country, Italy’s transport minister said after meeting with officials of Ryanair, Easyjet and other airlines. Kilde: http://www.reuters.com/rssFeed/newIssuesNews