| 22.06.2009 - Saudi Electricity to raise $1.87bln through sukuk sale |
| Fom Gulfnews.com: Saudi Electricity Co, the state- controlled power producer, may raise as much as $1.87 billion (Dh6.86 billion) in the largest sale of Islamic bonds this year as the market for Sharia-compliant debt shows signs of revival. The producer got regulatory approval from the Capital Market Authority to sell the five-year Islamic bonds, also known as sukuk, from June 13 to June 28.........Full Article: Source |