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

Saudi Aramco, Total ink $1bln Sukuk for Jubail JV

Posted on 18 October 2010

From Saudigazette.com.sa: Saudi Aramco and France’s Total will launch $1 billion Islamic bond (Sukuk) in the Q4 to build 400,000 barrels per day crude refinery in Jubail.
Simon Eedle, global head of Islamic banking at Credit Agricole, said the long delayed $1 billion Sukuk which was part of the financing for the Jubail refinery will launch in the Q4. Credit Agricole, Deutsche Bank and Samba Financial Group are the lead arrangers for the Sukuk……………………………………….Full Article: Source

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