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by Legal Desire
21 October 2025

Dentons advises a syndicate of banks on The Islamic Development Bank’s issuance of €500 million green sukuk under its enhanced 2025 Sustainable Finance Framework

Advising firms

Deal team

4 lawyers named
LawyerFirmSeniorityPracticeOffice
Matthew Sapte Lead Dentons Partner Banking and Finance Not stated
Victoria Wyer Lead Dentons Partner Debt Capital Markets Not stated
Marcus Ang Dentons Senior associate Not stated Not stated
Naomi Scheyerle Dentons Other Not stated Not stated

Stated terms

Stated value
EUR 500m (€500 million)
What the figure measures
Issue size
Client
Not stated
Counterparties
The Islamic Development Bank (Issuer)
Barclays (Underwriters)
BNP PARIBAS (Underwriters)
Commerzbank (Underwriters)
Crédit Agricole CIB (Underwriters)
HSBC Bank plc (Underwriters)
ING (Underwriters)
Nomura (Underwriters)