| 15.05.2012 - Banque Saudi Fransi plans to issue 5-year sukuk |
| Banque Saudi Fransi (BSF) plans to issue a five-year benchmark-sized Islamic bond, or sukuk, arranging banks said. An issue would be the Saudi bank's first sukuk under a recently-established $2 billion program. Initial guidance for the sukuk was at 200 basis points over midswaps. Benchmark is usually understood to be at least $500 million...............................................Full Article: Source |