Maldives tops up April Islamic bond sale with another $200 million

(Updates with launch, size)

DUBAI, Sept 2 (Reuters) - The government of the Maldives launched $200 million in a tap of existing sukuk, or Islamic bonds - reopening them for subscription to raise more cash - at 10.5%, a bank document showed on Thursday.

Maldives raised $300 million via sukuk in April. They are due in 2026 and were sold at 9.875%.

It has now returned to the market to tap that transaction - reopening it for subscription using the same documentation as before.

Credit Suisse CSGN.S , Emirates NBD Capital ENBD.DU , HSBC HSBA.L , the Islamic Corporation for the Development of the Private Sector (ICD), JPMorgan JPM.N and Standard Chartered STAN.L are arranging the deal.

Reporting by Yousef Saba; Editing by Kim Coghill and Alex Richardson

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