27.09.2011 - Initial price guidance set for Saudi Aramco, Total sukuk

Saudi Aramco and French oil group Total have set initial price guidance for their expected 3.75 billion Saudi riyal ($1 billion) Islamic bond at 6-month Saudi interbank offered rate (SAIBOR) plus 95-105 basis points. The price was published on lead manager Deutsche Securities Saudi Arabia's website. Bankers have said they expect final pricing on Sept. 28..............................................Full Article: Source

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