12.04.2010 - Saudi Electricity plans $1.9 bln sukuk in May
From Reuters: State-controlled Saudi Electricity Co 5110.SE (SEC) is confident it would raise up to 7 billion riyals ($1.87 billion) from an Islamic bond next month to fund expansion, even without a government guarantee. Saudi Electricity's chief executive, Ali Saleh al-Barrak, said the issue would take place next month and is projected to be for a minimum amount of 5 billion riyals.....................................Full Article: Source
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