11.02.2010 - Saudi's Dar Al Arkan raising $750mln in Islamic bonds
From Arabianbusiness.com: Dar Al Arkan Real Estate Development Co, Saudi Arabia’s biggest property company by market value, is in the process of raising $750m in an Islamic bond sale, Deutsche Bank's Chief Executive Officer for the Middle East Henry Azzam said in Dubai on Wednesday. According to a Bloomberg report, Goldman Sachs Group, Deutsche Bank and Unicorn Investment Bank are managing the transaction, two bankers said last month, who declined to be identified before the deal is complete........................................Full Article: Source
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