30.05.2012 - New $750 mln Sukuk offered in Saudi Arabia and listed in London
Baker & McKenzie has advised Banque Saudi Fransi, Saudi Arabia's fifth biggest bank by market capitalization, on its debut $750 million 2.947 per cent Trust Certificates due 2017 issued under its $2 billion Sukuk Programme. The Trust Certificates are to be listed on the London Stock Exchange. The firm also advised the Bank on the establishment of its $2 billion Euro Medium Term Note Programme and debut $650 million issue under the Programme in 2010...............................................Full Article: Source
Print