Fri, Jul 25, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Saudi’s Almarai raises $267 mln from debut Sukuk

Posted on 12 March 2012

Saudi Arabia’s Almarai Co, the Gulf’s biggest dairy firm by market value, raised 1 billion riyals ($266.6 million) through a sukuk, or Islamic bond, issue on March 7, the firm said in a bourse statement on Sunday.
“Almarai successfully issued sukuk for 1 billion riyals on March 7, 2012. The orders reached 4.7 billion riyals, 4.7 times oversubscribed,” the statement said………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031