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Saudi domestic Sukuk first explained

Posted on 04 April 2012

The launch of Saudi Arabia’s first domestic programme shows that the country’s investors and regulator are growing more comfortable with the instrument, according to counsel on the deal.
Almarai’s landmark SAR2.3 billion ($613 million) programme was established on March 29, and included an inaugural issuance of SAR1 billion. The issue was privately placed with Saudi investors………………………………………..Full Article: Source

 
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