13.10.2010 - $1bln Saudi Islamic bond on the cards
From Zawya.com: State-owned Saudi Aramco and France's Total will launch a $1 billion Islamic bond, or sukuk, in the fourth-quarter, for their joint venture in the kingdom, a banker at a lead arranger said yesterday. The sukuk is related to the financing of a venture between the oil majors to build a 400,000 barrels per day (bpd) crude refinery in Jubail, on the Gulf coast..............................................Full Article: Source
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