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Dentons advises a syndicate of banks on The Islamic Development Bank’s issuance of US$1 billion sukuk

Dentons News - 22.05.2026

Dentons, the world's largest global law firm, has advised a syndicate of banks (Bank of China, Bank of Montreal, London Branch, BNP PARIBAS, ICBC, J.P. Morgan, KIB Invest, Nomura, and Warba Bank), led by Standard Chartered Bank, as joint lead managers on The Islamic Development Bank’s (IsDB) issuance of US$1 billion 4.227% fixed rate trust certificates due 2031 under its US$25 billion trust certificate issuance programme. The transaction was successfully completed on 14 May 2026.