Calyon’s breakthrough in Islamic Banking rankings

On June 4, 2008 · In Islamic Banking, Islamic Economics

3 juin 2008 – League Tables

The latest Islamic finance league tables show that Calyon ranks N°1 for Sukuk (Islamic bonds) and N°2 for overall Islamic debt issued in 2008.

Some of the landmark transactions that have helped propel Calyon to these rankings include:

The Sole Arranger and Underwriter mandate obtained by Calyon for a USD 350 Million year Sukuk issue for the prestigious Central Bank of Bahrain,

Calyon was Mandated Lead Arranger and Bookrunner along with BNPP, HSBC and QNB in a USD 2.5 billion Ijara (lease) syndicated facility for Qatari Diar,

Calyon Saudi Fransi Limited and HSBC Saudi Arabia jointly led the SAR 5 billion Sukuk for Saudi Basic Industries Corporation, one of the worlds leading manufacturers of plastics, chemicals, and fertilizers.

Simon Eedle, Head of Islamic Banking at Calyon, emphasized the importance of these transactions, “Calyon is fully committed to the development of the Islamic market. Bahrain is leading the way in developing Islamic banking and these transactions underline Calyon’s commitment to this important market” said Mr. Eedle.

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