From Khaleejtimes.com: Saudi Hollandi Bank, or SHB, has successfully closed its first public listed Sukuk of SR725 million. This issue follows the private placement completed at the end of 2008, further cementing SHB’s position as the only bank in the Middle East to raise Tier-II capital using a Shariah-compliant structure.
Riyad Capital and Saudi Hollandi Capital acted as joint lead managers and bookrunners for this transaction. A large number of investors expressed interest in the SHB Sukuk with total orders in the range of SR3 billion……………………………………Full Article: Source