Mon, May 25, 2015
A A A
Welcome bhaimia
RSS

Saudi Electric Co places $1.75 bln loan deal

Posted on 02 April 2012

Saudi Electricity Company has announced the successfully completion of the pricing and allocations for a total sukuk issuance of US$1,750 million.
The Islamic Finance compliant loan is formed of two separate sukuk certificates; a $500 million 5-year series and $1,250 million 10-year series priced at 2.665% and 4.211%, respectively, with profit payments payable on a semi-annual basis starting 2012………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031