HSBC to arrange first ever rated corporate Sukuk from Qatar

Qatar Real Estate Investment Company (QREIC) has mandated HSBC to act as Sole Lead Manager and Bookrunner for a benchmark Sukuk issue.

The issue is significant for several reasons:

1. It will be the first rated sukuk for a Qatari corporate
2. It is only the second corporate sukuk ever to come from Qatar, following QREIC's unrated issue in 2006
3. Pricing of the issue will set a benchmark for Qatar corporates to raise funding in the debt capital markets in future

Via AME Info and The Penninsula Qatar.