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

Allen & Overy advises on the largest sukuk issue of 2009

Posted on 16 July 2009

From Zawya.com: Allen & Overy LLP and its affiliated office in Riyadh, Abdulaziz AlGasim Law Firm, have advised Saudi Electricity Company Saudi Electricity Company ( SEC SEC ) on the issuance of a SAR7 billion (USD1.87 billion) sukuk, the largest sukuk issue globally to date in 2009 and the first public issuance of 2009 in Saudi Arabia.
This is the largest sukuk issue globally this year, and it is unsurprising that it has come from Saudi Arabia…….Full Article: Source

 
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