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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Kingdom Installment Company redeems its 2006 Sukuk

Posted on 14 July 2009

From Albawaba.com: Saudi Arabia’s Kingdom Installment Company (KIC) announces that it has redeemed its maiden Sukuk issued in 2006, despite the exceptionally difficult circumstances in the international capital markets.

KSA MBS I International Sukuk was lead arranged by Unicorn Investment Bank, which also acted as Shari’ah Advisor and, along with Standard Bank Plc, Joint Bookrunner to the transaction………Full Article: Source

 
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