The document stated that the initial indicative price for the sukuk, worth $500 million, was set at 5.750 percent, with a pricing announcement expected later in the day.
The document also showed that Al Rajhi Bank andDubai Islamic Bank Emirates NBD Capital, First Abu Dhabi, HSBC, Sharjah Islamic Bank and Standard & Chartered are the banks involved in managing the offering and bookkeeping for the issue.