| 02.04.2012 - Saudi Electric Co places $1.75 bln loan deal |
| Saudi Electricity Company has announced the successfully completion of the pricing and allocations for a total sukuk issuance of US$1,750 million. The Islamic Finance compliant loan is formed of two separate sukuk certificates; a $500 million 5-year series and $1,250 million 10-year series priced at 2.665% and 4.211%, respectively, with profit payments payable on a semi-annual basis starting 2012...............................................Full Article: Source |