Abu Dhabi Islamic Bank says repays $800 mln sukuk

ABU DHABI Mon Dec 12, 2011 11:41am EST

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ABU DHABI Dec 12 (Reuters) - Abu Dhabi Islamic Bank (ADIB) has paid in full an $800 million five-year sukuk, or Islamic bond, which matured on Dec 12, it said in a statement on Monday.

ADIB, the second-biggest Islamic bank in the United Arab Emirates, which last month sold a $500 million five-year Islamic bond, issued the maturing sukuk in 2006 as part of a $5 billion trust certificate programme.

(Reporting by Stanley Carvalho; Writing by Isabel Coles)

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