From Zawya.com: Allen & Overy LLP and its affiliated office in Riyadh, Abdulaziz AlGasim Law Firm, have advised Saudi Electricity Company (SEC) on the issuance of a SAR7 billion (USD1.87 billion) sukuk, the largest sukuk issue globally in 2010 to date.
The issuance, which is the third by SEC, is the first public offering of the year in Saudi Arabia, and is also the first corporate sukuk with the equivalent of a seven year maturity to be offered in the Kingdom……………………………………….Full Article: Source