Tue, Jul 14, 2020
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Saudi’s SABIC says to issue Sukuk for projects

Posted on 08 May 2013

Saudi Basic Industries Corp (SABIC), the world’s biggest petrochemicals group, will issue a Sukuk late this year or next year to fund coming projects, a senior company official said on Tuesday.
SABIC has 40 billion riyals ($10.7 billion) worth of projects over the next few years and the company prefers to fund these with sukuk, although “not at any cost”, Chief Financial Officer Mutlaq al-Morished said on the sidelines of a financial conference………………………………………..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
banner
July 2020
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031