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Initial price guidance set for Saudi Aramco, Total sukuk

Posted on 27 September 2011

Saudi Aramco and French oil group Total have set initial price guidance for their expected 3.75 billion Saudi riyal ($1 billion) Islamic bond at 6-month Saudi interbank offered rate (SAIBOR) plus 95-105 basis points.
The price was published on lead manager Deutsche Securities Saudi Arabia’s website. Bankers have said they expect final pricing on Sept. 28……………………………………….Full Article: Source

 
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