| From Arabianbusiness.com: Saudi Electricity Co has invited banks for a potential bond mandate, after the company said last year it could tap international debt markets in 2011. In May, a senior executive said the company was considering its first international bond issue which would be an Islamic issue, or sukuk. The company has so far only issued domestic sukuk.
A request for proposals (RFP) has been sent to a limited number of local banks and international institutions with operations in Saudi Arabia, and replies are due by the end of February, IFR said..............................................Full Article: Source |