| Saudi Electricity Company (SEC) rated A1/AA-/AA- (all Stable) the largest utility in the Middle East has announced the successful closure of a $1.75bn dual-tranche Sukuk issue, comprising a $500m with a five year maturity and a $1.25bn with a 10 year maturity.
This transaction led by Deutsche Bank and HSBC is the inaugural international Sukuk issuance by SEC and the largest international debt capital markets issuance from Saudi Arabia...............................................Full Article: Source
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