Thursday 19, July 2012 by Robin Amlôt
Latham & Watkins advises Joint Lead Managers in largest US$ Sukuk offering
Latham & Watkins represented the joint lead managers in the State of Qatar's recent sovereign Sukuk. The $4 billion offering, which was more than six times oversubscribed, included a record low profit rate of 2.1 per cent for a five-year tranche and 3.24 per cent for a 10-year tranche. The sale is also the largest US dollar-denominated Sukuk issuance to date.
