15.06.2009 - Saudi Electricity sukuk to raise $1.9bln
From Gulf-daily-news.com: Saudi Electricity Company, the Gulf's largest utility by market value, yesterday began a roadshow for its second Islamic bond issue which bankers expect will raise up to seven billion Saudi riyals ($1.87bn). Bourse regulator the Capital Market Authority (CMA) said last week it had approved the issuance of the sukuk over the June 13-28 period. ........Full Article: Source