27.05.2010 - Saudi Electricity Co plans international Sukuk in early '11

From Zawya Dow Jones: Saudi Electricity Co., or SEC, plans to issue an Islamic bond, or sukuk, in the international markets by early next year, after three sukuk issues in the local market, a senior company executive said Wednesday. "We are soon going to tap the international markets. It might not be this year, maybe beginning of next year," Ahmed Al Jogaiman, executive vice president for finance, said at a forum in Abu Dhabi............................................Full Article: Source

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