Saudi Electricity Co. Closes Islamic Sukuk IPO

02/02/2014 Argaam

The Saudi Electricity Co. closed its fourth issuance of Islamic sukuk IPO on Thursday 30/01/2014, with a total value of SAR 4.5 billion. Sukuk price has been determined at 70 BPS over three months SIBOR, the company said in a filing to Tadawul.

 

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