Cenomi Centers sukuk to debut on Tadawul on Nov. 30

09:41 AM (Mecca time) Argaam
The company raised SAR 2.05 billion from sukuk

The company raised SAR 2.05 billion from sukuk

The Saudi Exchange (Tadawul) announced that Arabian Centres Co.’s (Cenomi Centers) Sukuk 1 will be listed and commence trading on Nov. 30, under the symbol 5023 and ISIN code SA16DG0IEFJ6.

 

Additionally, the Securities Depository Center (Edaa) confirmed the allocation of Sukuk Cenomi Centers 1 into eligible investors' accounts as of today, Nov 27.

 

The shopping mall operator recently completed the offering and subscription process for its SAR-denominated sukuk, worth SAR 2.05 billion, with an annual fixed return of 8.5% paid quarterly, Argaam data showed.

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