| Clifford Chance and Al Jadaan & Partners have advised HSBC Saudi Arabia Limited on the issuance by Saudi Binladin Group (SBG) of its second short term sukuk, attracting more than SR3bn of orders for a SR1bn issuance. The sukuk-al-murabaha was issued by SBG Sukuk Limited and guaranteed by SBG.
Following last year's success, SBG's second short term guaranteed sukuk-al-murabaha has attracted even higher demand allowing for a longer term instrument with tighter pricing..............................................Full Article: Source
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